The FOMC meeting is approaching on Wednesday, is a market crash coming? #降息 Analysis

Wednesday is approaching #FOMC会议 , and the market generally expects an interest rate cut, but whether there will be a callback of 'good news fully priced in' is uncertain. However, we can judge whether we need to worry based on trends.

From a weekly perspective, #比特币 bounced back strongly after touching the bull market support line twice, closing above $115,000 last week, and the trend remains healthy; #以太坊 has been consolidating in the high range of $4,000 to $4,900, showing strong consolidation.

On the daily chart, Bitcoin slightly retraced to $114,000 after peaking at $116,800, but the trend is still good; Ethereum continues to oscillate within the range, waiting for another contact with the bull market support line.

As for whether the market has reached the bull market peak? From the heat indicators, the answer is no. Over the past few months, market attention has risen, but it is still far from when Bitcoin first broke $100,000 at the end of 2024. When we truly enter a crazy phase, retail investors often rush in due to the surge of altcoins, and that is when we will see a scene of thousands of new subscriptions daily. The altcoin market has not truly started yet, so the probability of the current cycle ending is extremely low.

In other words, the current market is still in a healthy upward cycle, and the moment that truly requires caution is when altcoins fully explode and market sentiment goes completely crazy.