The current cryptocurrency market is at a complex and critical crossroads. On one hand, short-term technical indicators and market sentiment are extremely pessimistic, and retail investors are going through a painful deleveraging and capitulation process. On the other hand, expectations for interest rate cuts at the macro level bring a glimmer of hope to the market, while the continuous inflow of institutional capital and strategic deployments provide solid support for the long-term healthy development of the market.
As BitMEX founder Arthur Hayes said, the bottom for Bitcoin may not be far off, but investors should not rush to go 'all in.' He believes that a real 'money printing rally' requires a stronger catalyst—such as the burst of the AI tech stock bubble, which would force the Federal Reserve to initiate larger-scale monetary easing.
Therefore, it may be premature to simply define the current market as 'the bear market has arrived.' It is more like a deep correction triggered by macroeconomic uncertainty, coupled with the process of deleveraging within the market. For ordinary investors, this is both a crisis and an opportunity. The crisis lies in the fact that blindly chasing after rising prices and selling at falling prices can lead to severe losses; the opportunity lies in the fact that extreme market panic often creates excellent long-term positioning opportunities.
In the coming months, the market direction will depend on the interplay of multiple factors: will the Federal Reserve start the interest rate cut cycle as scheduled and provide a clear easing path? Can institutional buying offset retail selling pressure? Can Bitcoin regain key technical levels such as $95,000? For investors who can see through the short-term haze and understand the deeper structure of the market, this seemingly tumultuous 'bear market' may be the necessary path to the next peak of a bull market.
Friendly reminder💖: There are risks in the cryptocurrency market, choose wisely! The wealth gained is often derived from rational decision-making☝️ The above views are for reference only and do not constitute any investment advice! #加密市场观察 #特朗普加密新政 #Hawk 🦅🦅🦅🦅🦅🦅🦅🦅🔥🔥🔥
