Reflected in the middle of the night: In terms of the larger cycle, it is currently considered a temporary bottom. From a technical perspective, the MACD is about to converge, and if a golden cross occurs, it is indeed possible to reach 5000. Ethereum may go above 5000, while Bitcoin could reach 15-20WU.
Many people are curious if this isn't the halving market for the next four years?
CZ has tweeted that the four-year cycle may fail, and we are entering a super cycle.
I believe it should be a tail-end of a crazy market, with the possibility of mainstream coins rallying and leading altcoins surging.
As for today's significant rise, it is due to everyone's FOMO regarding the rumor of a 50 basis point rate cut, but if the actual rate cut is 50 basis points, it will trigger a tail-end market!

