Don't rush, the bull market isn't over yet.
On July 31, the Federal Reserve kept interest rates unchanged, and ETH failed to break through $4000 for the fourth time, leading to a surge of voices claiming that the "bull market is over." But is that really the truth?
In fact, the Federal Reserve has already entered a rate-cutting cycle, and now it's just a brief wait-and-see period. Not lowering rates in July actually increased the possibility of a rate cut in September; once the bearish news is fully priced in, the bullish trend will begin.
From a technical perspective, although ETH hasn't broken $4000, the volume has clearly increased, suggesting that the main players might be inducing a short squeeze. BTC is experiencing high-level fluctuations, but the trend remains healthy, showing no signs of peaking.
Moving forward, once the Federal Reserve signals easing, capital will flow back, and the crypto market is expected to welcome a new round of explosive growth.
The current fluctuations are not the eve of a crash, but rather a buildup before an upward surge.
The real bull market is still on its way. #美联储利率决议