Compared with the hustle and bustle of the last bull market, the current market situation is far from it.
The cryptocurrency market has recently shown a pattern of alternating rebounds and rests, especially for small currencies, with sharp price fluctuations and sudden miracles of gains. In fact, we don't need to over-complicate the analysis, just follow the example and simply predict the possible trend in the future. Usually, the outbreak period of small currencies is quite short, often concentrated in the end of the bull market, that is, in the last one or two months.
As for the Federal Reserve, although there is no hope for an interest rate cut in August, a rate cut in September seems to be a foregone conclusion. Although the market has not yet reached the final carnival stage, a new round of large-scale market conditions is quietly ready to go.
The market needs to show a benefit effect first to maintain its heat and attract more participants to pour in. Otherwise, how will the chips in the hands of those big players find buyers?
They are almost ready, and there will be big moves between September and October to attract external funds to enter the market. They will look for opportunities to get out when prices are high, and then withdraw from the market.
We just need to wait for the right time! The second half of the year may usher in a crazy feast, and the cryptocurrency party has just begun.
