Bad news is out, is the bull coming back?
Today $BTC strongly pulled back to 9.3, BCH reached a recent high, and WLFI also stabilized after a big rise.
Although $ETH and the market did indeed underperform the stock market recently, the bad news is being exhausted, and good news is piling up...
Is the bear market coming to an end? First, the reasons: The new SEC chairman and the 'new Federal Reserve chairman' are both openly crypto-friendly. Especially this Federal Reserve chairman, who not only hinted at interest rate cuts but also explicitly supports the development of private stablecoins.
The liquidity crisis triggered on October 11, interest rate hikes in Japan, government shutdown... these black swan events have been swallowed by the market in the past. Now, on-chain chips are concentrated, and what remains are high-quality faith players!
Expectations for interest rate cuts are rising, macro liquidity is on the way. Meanwhile, the inflow of funds into ETH ETFs continues to accelerate, and institutions are still accumulating.
This round of adjustment has wiped out too much leverage and speculative positions, but don't FOMO just because it rises! Previously, someone sold ETH and then bought back at a high price, losing 1.5 million dollars.
My advice is still to focus on Bitcoin and Ethereum, with small positions in staking and potential Layer 2 coins.
Have expectations but don't know how to lay out? Worried about missing out but afraid of being trapped? Then you've found the right person, click → 扫码进聊天室 to help you maintain the rhythm.
