So, what will the market do next? Right now, both the US stock market and BTC are watching the Federal Reserve.
Whether the Federal Reserve will inject liquidity directly determines whether the market can continue to rise, and how much it can rise.
History tells us that a bull market relies not on logic, but on money! Monetary easing, with liquidity flooding in like a deluge, is what drives the market to soar.
During monetary tightening, assets may rise, but far less than during the euphoric rises of easing.
In the short term, $BTC and the US stock market may continue to oscillate at high levels, requiring clearer signals for an upward trend.
But in the long term, this year the global M2 money supply has reached a new high, which provides momentum for BTC's rise.
According to past data, BTC prices typically lag M2 growth by 90 days, and the long-term trend is steadily upward; just hold on tight.
