#RWA板块涨势强劲 #MemeWatch2024 #机构积极投资比特币ETF I have said that the US dollar interest rate hike is precisely the driving force behind the bull market in US stocks and BTC, and the market performance in 2023-2024 is indeed the case.
The reason is that the actual development process of the US dollar tide is that the Federal Reserve has caused the US dollar to flow back to the United States through interest rate hikes, and the corresponding outflow of US dollar capital from all countries except the United States has led to a serious depreciation of the country's assets (this is not outlined in detail)
The key point is that after a large amount of US dollar capital flows back to the United States, the excess interest has caused a huge burden on banks, which is also the reason why US banks continue to explode. Due to the collapse of the credit system of local banks in the United States, and the fact that the huge amount of US dollar capital objectively cannot be retained only in the banking system, then society needs a rich and diverse asset to undertake this huge capital as a reservoir, among which US commercial real estate, US stocks, US bonds and consumer prices have soared in the past two years, which is why CPI remains high.
Since the capital inflow of US dollars is too large, the existing assets are no longer sufficient to support this huge amount of funds, so it is necessary to explore and use new reservoirs to share the pressure. BTC spot ETF came into being. In fact, the passage of ETF is driven by the national policy of the federal government.
In this logical context, the more reservoirs are added, the more beneficial it is to the federal government, so based on this, it can be judged that the Ethereum spot ETF will inevitably pass.
Then, we understand that the flow of funds in a market needs to be guided by hot spots, and the transmission context of hot spots is carried out through a process of "track, sector, and currency". At present, the overall heat of the meme sector will continue throughout the bull market, so the sudden rise of the Ethereum chain track will drive the surge of the Ethereum chain meme sector, and p upp~ies, as a rookie in the Ethereum meme sector, has self-evident potential in the future. $SHIB $PEPE $DOGE