Is the crypto market in the "preparation stage" for the next bull market? At present, the future direction of the cryptocurrency market is mainly strongly affected by changes in monetary policy, and the market seems to be in the stage of preparing for the next bull market. Zhou Lele, deputy chief operating officer of Shengli Securities, said that as prices soared, the strong inflow of over-the-counter capital (ETF) and the steady resonance of on-site holding strategies are becoming the key driving force for the soaring Bitcoin prices and the recovery of volatility. The core concerns of the future market include:
1. When will the Federal Reserve start to cut interest rates, and the expectation gap between the 300,000 non-agricultural unemployment figures and the early timing of the rate cut.
2. After the approval of the Ethereum ETF, the recovery of old Defi projects and the market's overly pessimistic expectations of the Ethereum ETF.
3. The expectation gap between the shift in the sentiment of Bitcoin ETF capital inflows and the fundamentals of the virtual asset market.
4. The expectation gap between macroeconomic trends and the actual market response.
Overall, the correction in the cryptocurrency market this week did not shake the overall trend of the market. Market observers pointed out that some positive signs during the sell-off may indicate a rapid economic recovery. In fact, Fed Chairman Powell revealed at the Stanford Business School Forum two months ago that most FOMC members believed that some point this year would be the best time to lower the policy rate. However, the Fed needs greater confidence to ensure that inflation can sustainably fall back to the target level of 2%. Cutting interest rates too early or too late is full of risks, and it is too early to assert that the recent inflation data is just a temporary fluctuation.
If you don't know how to screen strong coins, then I suggest you follow me. Whether it is spot or contract, a slight move may be your limit. The opportunity is short, so you must seize it! Success is not based on luck, choice is greater than effort, and the circle determines destiny. In the currency circle, in addition to having a sharp eye for judging the situation, you must also keep up with a good team and a good leader. Follow me and you will be halfway successful in the currency circle! Near q2un + Wei: btc2726
You can receive the latest free articles in the currency circle every day. The articles are good and can be shared with everyone!
