Let's all take a moment to revisit this and realise that ETH has stil ways to go in it's BTC valuation. Looser monetary policies won't do it any favours either. It will just bring fear back into the markets and macroeconomic uncertainty.
Stay safe out there folks.

Let me take you back in time, to my 2nd Cycle when the last rate cuts begann.

Everyone with the mouth was vocal about Alt Coins outperforming BTC and giving insane returns.

Now, that we are getting closed to Mid-September Rate Cuts i just want to remind you that we are in more uncertainty than we were back in 2019 prior to Covid.

Geopolitical escalations, unstable Labour reports, liquidity problems among the big Bank players and uncertainty in the American politics.

This could lead to much worse drawdowns than what we've had in 2019.
Just take a look at the 1st picture and see how the market reacted after the 1st Rate Cut.
It was downhill with the final capitulation when Covid Hit.

Regarding Alts, take a look at the 2nd picture of #BitCoinDominance and understand that it topped right as the Rate Cuts arrived.

Stay Safe out there.

The Altcoin run that they are selling you comes only after the FED switches to QE.

Let me take you back in time, to my 2nd Cycle when the last rate cuts begann.

Everyone with the mouth was vocal about Alt Coins outperforming BTC and giving insane returns.

Now, that we are getting closed to Mid-September Rate Cuts i just want to remind you that we are in more uncertainty than we were back in 2019 prior to Covid.

Geopolitical escalations, unstable Labour reports, liquidity problems among the big Bank players and uncertainty in the American politics.

This could lead to much worse drawdowns than what we've had in 2019.
Just take a look at the 1st picture and see how the market reacted after the 1st Rate Cut.
It was downhill with the final capitulation when Covid Hit.

Regarding Alts, take a look at the 2nd picture of #BitCoinDominance and understand that it topped right as the Rate Cuts arrived.

Stay Safe out there.

The Altcoin run that they are selling you comes only after the FED switches to QE.

If you want to know how the rest of the Digital Assets are performing, you should look at them on their #BitCoin evaluation.

For example ETH/BTC is back to the range lows. While it can have a couple of green weeks i still expect it to put in lower lows until the end of the year.

The #BullMarket you are expecting and being sold by these TikTok influencers is far from truth.

If you want to make it even more exciting, take a look at everything else besides two biggest currencies.

You can do so by typing
(TOTAL3-usdt)/BTC on your TradinView chart and see that it has been downhill for the past 3 years.

Real "Generational Wealth" AltCoin #BullRun will occur once we enter #QuantitativeEasing , not during #RateHikes and not after the 1st Rate Cut.

Stay safe out there. Be 95% in BitCoin and wait for your Alts to double or even tripple bottom on their BitCoin evaluation. $BTC $ETH $SOL

Before you put any money in any #AltCoin make sure you check that coins valuation in it's #Bitcoin pair. While there have been few who outperform $BTC in the short run, in the long one, they all bow down to the King. Just because your #Shittcoin made a 20% gain last week, doesn't mean it's a safe investment. Take your gain and run back to BTC, because in uncertain times (economy wise) #BlueChip will outperform. You will not see anyone putting their whole net worth in $XRP with interest rates being so high, while that is not the case when it comes to $BTC .

#MyFirstSquarePost
As we reach the Rate Cuts people will expect the economy to perform better and Digital Assets to have more inflows due to looser monetary policy.
I would just like to remind everyone that last time FED cut rates it resulted in 5-6 months of downtrend because economy was sick. Expect #BTC to go 30-50% lower until November-December and your favourite #Alts -50% to -80%. You've been warned.
Also pay attention to USDT.D chart, it's pretty telling. $DXY higher in the coming months as other governments will face harder problems with their currencies than US will...