#数字货币市场回升 Recently, to be honest, the market is quite confusing—Bitcoin is just bouncing around, while alts seem to want to jump up, but they look like they haven't eaten enough and lack energy.
This deadlock is unlikely to be broken in the short term. I think it's mainly stuck on two points: first, at this time of year, with the Western Christmas holidays and our New Year's celebrations, everyone is focused on their families; who is still watching the market? Naturally, the funds are not active. Second, the Federal Reserve has only cut interest rates twice this year, and the December meeting has not yet concluded. Coupled with the macro environment and fundamental conditions not fundamentally improving, the market certainly does not dare to act rashly.
Now both bulls and bears are arguing fiercely; some are shouting that a bull market has arrived, while others say the bear market is not over. In my view, these hanging negative factors need to be resolved first, and only then can the effects of liquidity release truly manifest, allowing the market to potentially emerge from the mire.
Although it has fallen for four consecutive weeks, it is reasonable to expect a decent rebound, but the current strength of the rebound is indeed unsatisfactory. Looking ahead, the market may need to continue to consolidate at the bottom for a while, and I estimate that a truly explosive market trend will have to wait until the first quarter of 2025. $ZEC $SUI $BTC
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#数字货币市场回升 Recently, to be honest, the market is quite confusing—Bitcoin is just bouncing around, while alts seem to want to jump up, but they look like they haven't eaten enough and lack energy.
This deadlock is unlikely to be broken in the short term. I think it's mainly stuck on two points: first, at this time of year, with the Western Christmas holidays and our New Year's celebrations, everyone is focused on their families; who is still watching the market? Naturally, the funds are not active. Second, the Federal Reserve has only cut interest rates twice this year, and the December meeting has not yet concluded. Coupled with the macro environment and fundamental conditions not fundamentally improving, the market certainly does not dare to act rashly.
Now both bulls and bears are arguing fiercely; some are shouting that a bull market has arrived, while others say the bear market is not over. In my view, these hanging negative factors need to be resolved first, and only then can the effects of liquidity release truly manifest, allowing the market to potentially emerge from the mire.
Although it has fallen for four consecutive weeks, it is reasonable to expect a decent rebound, but the current strength of the rebound is indeed unsatisfactory. Looking ahead, the market may need to continue to consolidate at the bottom for a while, and I estimate that a truly explosive market trend will have to wait until the first quarter of 2025. $ZEC $SUI $BTC