Today I saw many friends leaving messages, asking what to do about missing this wave of market. Here, I would like to splash some cold water on those who believe that a big bull market is starting from here. Right now, these altcoins can rise entirely thanks to Ethereum, and this wave of increase has been driven by Bitcoin, propelled by the U.S. stock market. Yesterday I mentioned that Nvidia broke its historical high, so there is no reason for Bitcoin not to follow suit, as the U.S. stock market has been significantly influenced in the first half of the year.

Moreover, the impact of tariffs has not ended. The current tariff standards will be extended to August 1. What this old man says on August 1 is anyone's guess. If he says something negative, Bitcoin could pull back a few points; can you imagine how much altcoins would drop?

Therefore, it is meaningless to look at a crazy bull market when it goes up or a deep bear market when it goes down. It is essential to do your own investment planning, see the underlying logic of each wave, and plan for the future, as that is being responsible for your own account.

In an environment without interest rate cuts, the most important consideration is sustainability. I still hold my previous view that there won't be a cut in July, but there is a high probability it could happen in September!