Let's analyze the issues with QT;

Previously, we have been speculating about when QT would stop, but in reality, there has not been a definite expectation in the entire market. Currently, the mainstream view in the market is that QT will stop between June and July;

Personally, I feel that the significance of stopping QT lies not in whether liquidity can be restored, but in the guiding direction provided by the Federal Reserve. It is more like an emotional boost rather than a capital boost;

Therefore, it doesn't mean that after QT ends, the market will immediately turn to QE trading. In this cycle, QE has increasingly become a financial tool that will only be used as a last resort;

So, going back to the cryptocurrency market, for the altcoin market that is more sensitive to liquidity and QE, it is very likely that it will not immediately enter a reversal bull market after QT stops, but rather may just be starting a bottoming oscillation that lasts for half a year.

Regardless, the logic of the market is always changing, narratives can be true or false, but only liquidity is real. In the small half-year after QT ends, starting to gradually build positions in promising altcoins with small amounts will be my main strategy for the second half of the year!