Recently, the market has been sideways, and many people are wondering if there is still a bull market?
The answer can be found from the increase in Grayscale Trust's holdings. From 2021 to 2023, Grayscale has never increased its holdings of any token, but since this year, it has been increasing its holdings of SOL, BCH, LTC, MANA, LINK, FIL and other coins, indicating that it is quite optimistic about the future market.
According to the previous rules, it will take 1-3 months of fluctuations before it can break through completely. In addition, this round of market is moving faster than ever before, so we can't be anxious. The longer the consolidation, the greater the opportunity for us!
The interest rate cut is expected in the second half of the year. Although the Federal Reserve has released a signal to raise interest rates, the interest rate cut is imperative anyway. It's just a matter of sooner or later. In this case, what are you worried about? It's just a matter of sooner or later.
The current market is in the adjustment period after the first stage. The second stage has not officially started yet, and it is still accumulating strength. Don't be washed out of chips. On the contrary, the harder it falls, the greater the chance. Think back to why you haven't made money after several rounds of bull markets? Isn't it just that on the eve of the bull market you worry, hesitate and miss opportunities, and later on when even fools know that the bull market is coming you start chasing high prices frantically!