Reviewing the last round of interest rate cuts by the Federal Reserve

After the bull market ended in 2018, mainstream cryptocurrencies like BTC and ETH fell significantly, and the entire market was sluggish.

Most retail investors were on the sidelines, institutional participation was low, and market vitality was insufficient.

July 2019: The Federal Reserve first cut the rate by 0.25 points, indicating "the economy is doing okay, but let's add some lubrication."

In the second half of 2019, BTC slowly rose from $3,000–$4,000 to around $10,000 (fluctuations before the pandemic in 2020).

September 2019: Another cut of 0.25 points, with a clearer signal—"the economy is indeed a bit slow, we will continue to support it."

October 2019: Another cut of 0.25 points, and the market breathed a sigh of relief.

March 2020 (early pandemic outbreak): Two emergency rate cuts, totaling 1.5 points, directly reducing to near-zero interest rates, which was a full force market rescue.

In March 2020, at the early stage of the pandemic, the Federal Reserve cut rates by 1.5 points in one go, approaching zero interest rates.

Although BTC and ETH experienced a sharp drop in the short term, the subsequent flood of liquidity directly propelled a rapid rebound in the bull market.

Global funds found it hard to locate places with high returns, and digital currencies became the "digital gold," significantly increasing market enthusiasm.

Now is the "cleaning period" in the middle of the bull market, where the main players are filtering out leverage and short-term positions, leaving opportunities for the patient spot traders. Please hold onto your coins and don’t get easily shaken out!