The big pie bull market has continued since the beginning of 2023

It seems that there hasn't been a bull market outside of foreign currencies

Part of the reason is that during this cycle, the Federal Reserve has maintained high interest rates

And has not yet achieved the effect of releasing bubbles

Tonight, the Federal Reserve will continue to lower interest rates to 3.75-4%

At the same time, it may stop the asset-liability sheet contraction (balance sheet reduction) that has lasted for more than two years

The Federal Reserve will no longer sell assets next week but will focus on lowering interest rates

It may drop to 3.25-3.5% by January next year

The period from September to December last year and from September to December this year belongs to the interest rate reduction phase

It is highly likely to be a bull market. After Powell steps down in May next year,

The new Federal Reserve head appointed by Trump is expected to be more dovish

The intensity of monetary easing will increase, and the market may be stronger than this year

The traditional cycle of the cryptocurrency market is in this year's fourth quarter (peak)

But next year's interest rate cuts or balance sheet expansion will have a greater impact on the cryptocurrency market

Remain optimistic…