Let's talk about the alt season that brothers are very concerned about. Dabai believes that there are only two points to determine the alt season: 1: The implementation of the US dollar interest rate cut 2: Whether the Ethereum ETF is passed or not. Any of the above two points may trigger the alt season. The logic is as follows: 1: The core of the US dollar interest rate hike is printing money, which accelerates inflation. Although the whole world is sharing the risk for the US printing money, don't forget that printing money will also accelerate the world's de-dollarization process; hurting the enemy by a thousand will hurt yourself by eight hundred; interest rate cuts are a matter of time! 2: When the interest rate cut is implemented, a large amount of funds will seek new investment channels. Assuming that the big cake plummets and the alt collapses at this moment, the consequence is: the amount of liquidity to be taken on by the interest rate cut will inevitably be greatly reduced, which is what capital does not want to see. Dabai was certain more than a month ago: the big cake will not plummet before and after the halving, and BTC will not fall below 5.9! The plunge must be before and after the interest rate cut! Friends who listened to Dabai at that time should give a thumbs up at this moment
3: The core logic of BTC halving is: BTC is only good for BTC and BTC ecology, and has nothing to do with other altcoins. On the contrary: Bitcoin halving will make BTC more valuable! Direct consequence: BTC's blood-sucking ability will be stronger. When there is no fresh capital entering the currency circle, Bitcoin can only suck blood from altcoins; so when Dabai saw some friends saying that the altcoin season will come before and after BTC halving, Dabai wanted to say: You should use your brain in everything. You believe what others say. If you don't cut it, who will cut it?
4: At a certain level, ETH is the real leader of altcoins. Whether the altcoins fly or not depends not on Bitcoin but on ETH. If ETH does not move, how can the altcoins fly?
5: The trend of Ethereum is basically the same as BTC, but the price this year is obviously abnormal. Dabai believes that this is intentional control by capital, in order to: institutions sell BTC at high prices and make profits, and then cooperate with the Ethereum ETF to hype up another wave of popularity, so that the funds can make profits twice. Don’t talk about faith. Capital believes in the US dollar, not Bitcoin; just like Buffett believes in profits instead of the stock market. 6: If Bitcoin creates currency, then Ethereum creates the central bank. If the central bank has no money, you can’t fly no matter how awesome the ecosystem is. Whether the ETF is passed determines whether the central bank has a source of funds. Some people may say: That coin has exploded again! Dabai wants to say, don’t argue, the cottage season is a general rise in cottages, not an independent market!
The alt season is going to explode, keep an eye on ETH!
Read this article for ETH explosion😊