Some friends came over to ask me: "Why does it feel like prices can't rise even though it's confirmed that interest rates will be cut?"
Previously, everyone already guessed that there would be a rate cut, and they had almost fully speculated on the idea that "a rate cut will lead to a rise". So now, even if it is confirmed that there will be a rate cut, it only brings a short-term emotional rebound and cannot push prices higher.
In other words, the emotional benefits have ended, and we now need to wait for substantial benefits. $BTC $ETH