This cycle has not seen the so-called 'crazy' bull market, which does not align with the patterns of previous cycles. The new high for Bitcoin is also relatively weak. The key driver of the bull market is the Federal Reserve's easing, which has been delayed in this cycle, and the interest rate cuts have been sluggish. This month's restart of balance sheet expansion is explained as a solution to the short-term liquidity shortage issue, resembling 'unlimited QE expansion'. Therefore, the market is not satisfied with the 'reassurance' and has fallen back to square one. Interest rate cuts and balance sheet expansion continue to advance, and there is a possibility that the cryptocurrency market may rise along with the tide $JUV

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