Is BTC at 96,000 a bull market horn or a dead cat bounce in a bear market?
After experiencing the past few months, many people feel frustrated. As the market heats up, it seems everyone has seen hope again. However, I would kindly remind you not to indulge in the feeling of FOMO, as there is no immediate revolutionary rise.
Currently, I personally think it is just an exaggerated bounce from the sell-off. The money in the market has a positive outlook towards Trump's policies, but given Trump's nature, no one can guarantee whether he will pull any tricks.
This round of the cryptocurrency world is truly magical. I believe that aside from BTC holders, the rest of the small market cap coin holders are in a state of floating loss in the long term.
I personally believe that the current market situation is driven by the benefits of various BTC policies. At this historic moment, US dollar liquidity is still facing a relatively rare situation, and BTC's market share is also reaching new record levels.
A truly vibrant bull market must be facilitated during a period of dollar expansion and alongside interest rate cuts. Only when there is enough dollar liquidity in the market can financial games continue to interact, and that day will surely come.
Before this, we can only wait patiently.