Traders are starting to fully price in the interest rate cut in September, and the U.S. will enter a rate-cutting cycle.

The U.S. dollar will weaken at that time, and the price of USDT will begin to decline further.

Some aggressive institutions are already expecting a 50 basis point cut in September; once the rate-cutting cycle begins, the market will start to turn around significantly.

Approximately $120 billion in global assets will choose new investment opportunities, Bitcoin will see a new influx of funds, and the inflow of capital into Bitcoin spot ETFs will also start to increase.

ETH and Bitcoin are both rising ahead of time, indicating that many institutions or early-moving institutions have already begun to position themselves with foresight. Currently, there are no signs of selling from any institutions; it is basically all buy signals.

So, does the start of the rate-cutting cycle mean the beginning of altcoin season? This question is not difficult to answer; it is highly likely that we are currently around the market conditions of last August and September, and most altcoins are still in the awakening phase.

Once Ethereum reaches its target price, a large portion of funds will start to choose altcoins to continue to catch up and flow in, then the rotation market will begin. After the rotation, if there are no hotspots in the market, it will quickly decline.

If new things emerge, there will be continuous rotation, with new funds continually starting to provide support for everyone. #9月降息预期 #BTC再创新高