When will the bull market come again? The critical moment for the outbreak of altcoins has arrived!
Want to know when the bull market will come back? We have to keep an eye on two major events:
First, when will the Fed start to cut interest rates. This interest rate cut is like loosening the market. When the money bag is loose, there will be more money, and the stock market and the cryptocurrency market can all benefit from it. Think about it, with money in hand, who doesn't want to find some high-return investment? Isn't this heating up the market!
Second, when will the Fed stop shrinking its balance sheet or even start expanding it. Shrinking the balance sheet means recovering money, and expanding the balance sheet means spending money. Stopping shrinking the balance sheet means that the market will no longer be short of blood; starting to expand the balance sheet means giving the market a boost, and asset prices will rise?
Let's talk about altcoins. When will they explode? The key depends on when the Fed's interest rate drops below 3%. With low interest rates, everyone has more money on hand, is bolder, and dares to try high-risk investments. Altcoins are the "radicals" in cryptocurrencies. Once the market atmosphere is in place, the explosion of altcoins is a natural thing.
We know when the bull market will come and when altcoins will explode, and we must keep our eyes open. When the time comes, we can seize the big market that makes people's heart beat faster!
