The Fed's loose QE has arrived, but it's late, coinciding with the end of the cryptocurrency market cycle. A four-year cycle is the consensus; if everyone believes it doesn't exist and is generally reluctant to sell, the cyclicality will shake; if everyone believes cyclicality exists, the selling behavior will promote the cycle. After the current spot ETF and long-term institutional entry, the Fed is easing at this time to alleviate cyclical pressure, reducing the decline, and the number of rebounds may increase. $G $AXL
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