$BTC $ETH $BNB

Analysis of the current fundamentals of the market!

1. Macroeconomic situation:

The United States will enter the harvest period of the US dollar. Interest rate cuts and low prices for the US dollar are the major strategic policies. Although it is now affected by inflation, this action must be taken! It is foreseeable and cannot be given away.

2. US presidential election:

US stocks cannot fall, and Bitcoin cannot fall either. Now it is just a technical correction. It is also the established policy of the United States to dominate the cryptocurrency market and cannot be shaken. In particular, Hong Kong has also established its own ETF to inject vitality into the market and promote the layout of the old Americans. Therefore, the big bull is irreversible.

3. The passage of ETF:

ETF speculation has come to an end. It remains to be seen how large the scale of ETF can be in the future. According to marginal theory, its benefits will be weakened, and the promotion of currency prices will also be weakened. Now Wall Street's ETF is still in net inflow, and ETF will become the most critical and important dominant force to dominate the future trend of the big pie.

4. Halving is good for the bull market: Halving is a change in the supply side of chips. Reducing supply is definitely good for the market, but halving is still increasing rather than cutting off supply, so its impact will be weakened. According to historical trajectories, the bull and bear of Bitcoin has always been determined by the halving cycle. Although it is not the only determining force this year, its influence is definitely still there!