Is the alt season coming?

This month, the trading logic of the entire financial market has changed significantly, especially after Powell's speech, the market has made clear the direction.

Gold rose to break through the historical high, the US dollar index fell, the Russell 2000 rose faster, and the crypto alt rose sharply! Why is this so? Because the logic behind the rise of these assets is based on "the liquidity that will be flooded in the future."

One sentence can explain: "When the Fed's policy turns, global risk assets will rise"! If the big cake tests the 70,000 mark again, Orange believes that there will be a high probability of rushing up, after all, the environment has changed significantly.

The market is at a turning point! A good mentality can go further!

The current cryptocurrency market may be at a turning point, and it may only be a few weeks away from the moment when those undervalued high-quality currencies can be found everywhere.

At present, many people in the market have been trapped or suffered a lot of losses, and there are few active investors in the market. Often in such a background, the low market sentiment may indicate a warming of the market.

When the market is generally profitable and everyone is rushing into the market, we may need to be alert to the end of the bull market. Retail investors are often easily affected by emotions. In the bull market, everyone claims to be an investment expert, and in the bear market, they accuse blockchain of being a scam.