The big bull market is about to break out

Yesterday, BTC's 200-day moving average price hit a record high. This important signal often foreshadows the arrival of a bull market in past market cycles. According to historical rules, once the 200-day price high is broken, the bull market can often start quickly and continue to rise for about 12 months.

The current market environment is full of favorable omens. The Fed's expectations for interest rate cuts are increasing, especially the possibility of a rate cut in September has greatly increased, which has undoubtedly injected more vitality into the market. At the same time, the approval and landing expectations of the US ETH spot ETF have also brought more expectations to the market.

Perhaps, we only need to wait for a clear positive signal or the completion of capital allocation by large institutions to ignite the fuse of this round of bull market. Therefore, in the next two or three months, we need to prepare in advance, formulate investment strategies, and prepare sufficient funds to welcome the upcoming violent bull market baptism!

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