After the interest rate cut in the early morning, the cryptocurrency market is turbulent. Are the next three months a prelude to a crash or an opportunity for a reversal?

In the early morning, the Federal Reserve cut interest rates by 25 basis points as expected, which was completely anticipated. I have mentioned before that once a positive factor is realized, it often turns into a negative factor. Moreover, the market rebound in recent weeks has already partially digested the expectations of an interest rate cut. Now that this favorable condition has been fulfilled, the rebound during this decline may end at any moment.

From the perspective of policy direction, the likelihood of the Federal Reserve cutting interest rates again in the coming months is very low. In contrast, Japan's likelihood of raising interest rates has already reached 90%. In the short term, there is a trend towards tightening monetary policy. Additionally, with Christmas approaching, a lot of funds will be returning, making money even tighter in the market. There are no new positive news to support the market, so I expect that in the second half of this month, and even in January and February next year, the overall market will be relatively weak.

The amount of money in the market now is far less compared to when it was at its peak during the previous bull market. If a negative news suddenly emerges later, even if it’s not particularly significant, market liquidity may trample each other, and the price of Bitcoin may quickly fall below 80,000, continuing to probe for a lower bottom.

Based on this analysis, I am very pessimistic about the market trend in the next three months. I initially thought this rebound could reach the range of 95,000 - 97,000, and then carry out a rolling operation, but it seems that this plan is unlikely to be realized. If the price is below 95,000, I do not plan to carry out rolling operations. I have made up my mind to continue holding long positions in Bitcoin and Ethereum steadfastly.

At this time, the Yellow Emperor will be waiting for a coin that could explode. Brothers who want to join👉聊天室 gather. #ETH走势分析 #加密市场反弹