There are so many dynamics in the market recently. The halving event is over, the interest rate cut plan may be postponed, the US stock market is also correcting, and the driving effect of ETFs does not seem to be so strong. The direction of the market is becoming more and more unpredictable.
Although the halving has passed, the market reaction is not so enthusiastic. The three interest rate cuts originally expected may now only happen twice. The US stock market looks a bit tired, and the pressure of correction is getting greater and greater. Whether the bull market is about to end remains to be seen.
The boosting effect of ETFs is also weakening. Many novices have taken billions of chips at high levels. The market is quite challenging. Optimists think that the bull market is still there, but it is just adjusting. They expect that it may rise to 100,000 to 200,000 by 2025. They believe that altcoins still have a lot of room for growth. Pessimists believe that the bear market has quietly begun, lacking new hype points, the effects of ETFs and halving have come out, and new funds are not willing to come in.
The currency circle is always changing and uncertain, but no matter how the market goes, everyone must remain calm and rational. How do you think the market will go next? Welcome to leave a message to discuss.
