Review of the Fed's last round of rate cuts

After the bull market ended in 2018, mainstream coins 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 Fed first cut rates by 0.25 points, signaling that 'the economy is doing okay, but here's some lubrication.'

In the second half of 2019, BTC gradually rebounded from $3000–$4000 to around $10,000 (fluctuations before the pandemic in 2020).

September 2019: Another 0.25 point cut, with a clearer signal - 'the economy is indeed a bit slow, we will continue to support it.'

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

March 2020 (early in the pandemic): Two emergency rate cuts totaling 1.5 points, directly bringing rates close to zero, a full-scale market rescue.

In early March 2020, the Fed made a one-time rate cut of 1.5 points, close to zero interest rates.

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

Global funds were unable to find high-yielding places, and digital currencies became 'digital gold,' significantly increasing market enthusiasm.

Now is the 'cleansing period' in the middle of the bull market, where the main players are filtering out leverage and short-term positions, leaving opportunities for patient spot traders. Please hold onto your coins and don't be easily shaken out of the market! #美国7月PPI年率高于预期