The interest rate cut has been talked about for so long and is almost here, yet prices remain at a moderate level...
If the market can't even capitalize on the anticipation of a rate cut to drive gains, then we really shouldn't have high expectations...
"Buy expectations, sell facts"
These six words are truly "facts"...
I believe Bitcoin is reaching the top of this bull market, including fluctuations in the mid-term range of 100,000-120,000.
Of course, the market has changed, so don't assume a significant drop will occur if a "bear market" truly arrives...
Changes in the participating groups are also causing market fluctuations. In the future, a "bear market" might just be characterized by low volatility, no trend, and no profit potential. Funds will simply lie flat, uninterested in market activity...
Therefore, we need to replicate the periodic, long-term, wide-ranging fluctuations seen in the "bull market cycle" after April 2023 and March 2024. When the "bear market cycle" truly arrives, it will be two to three times the level of the previous two phases.
Currently, the market is truly lacking in novelty. What else can spark a periodic rally?
It's difficult...
Even the interest rate cut is almost happening...
#BTC