The counterfeit wash is basically over, the interest rate cut cycle is coming.
福禄寿炒币版
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Last night, listening to Binance's live broadcast was very interesting. One person sees next year's bear market, another sees next year's bull market, or how the short term will go, then the long term will follow.
I never predict what will happen in the short term because the accuracy of predictions is infinitely close to 50%. I am a believer in bull and bear cycles. Of course, the four-year bull and bear cycle has been broken, but the bull and bear cycles still exist. Under what circumstances will there be a bull market? Under what circumstances will there be a bear market? What determines the market? Policies, liquidity (interest rate cuts, quantitative easing, balance sheet reduction, balance sheet expansion), and the economic cycle itself.
I am fully invested because I believe this stage might be a temporary bottom. After all, interest rates have started to be cut, balance sheet reduction will stop in December, and next year the Federal Reserve will replace Powell, a high probability of balance sheet expansion, Trump is turning on the money printing machine! I predict that the K-line for the coming year will trend upwards, though the process may be a bit bumpy, that's all.
I don't believe that institutions backing $BTC , $ETH including the recently approved spot ETF $SOL will drop to where. Therefore, I bought these with 90% of my position, and the 10% in altcoins is just to stimulate and increase my dopamine.
Of course, I could be wrong, but I plan my trades and trade my plans. Let time give the results of right or wrong!
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