Market Secrets: BTC Breaks New Highs, Market Opportunities Under the Rate Cut Tide!
Since Bitcoin has been rising from $50,000, I have been firmly bullish and recommend everyone to buy spot. Even at the low point, some people chose to short, but I always stick to the bullish position.
As the 50 basis point rate cut triggered a carnival in the crypto market, Bitcoin's key support level on the daily chart has risen to $63,000. As long as this level is broken, we may witness a strong upward trend.
In our latest analysis, we pointed out the initial signal of the trend. Although it has not yet fully appeared, this is the best time to hold high-quality assets at a low cost.
The interest rate cut cycle initiated by the Federal Reserve will drive the market risk appetite to slowly climb from the trough, and then in the collective carnival of high-risk assets and the crazy FOMO of market sentiment, black swan events may quietly strike.
For ordinary investors, the only high-risk assets with high global liquidity and low positions that are currently exposed are undoubtedly the VC value coins in the crypto market.
At the same time, the seasonal upward trend of the crypto market in October also added more bullish signals to the autumn market in Q4 this year.
So, stop waiting and actively return to the market. From today on, take every hot spot seriously, track it in time and think about how to participate. The time to increase your position has come!
