Current market perspective and how does the $PI event affect the market?

There are 2 factors to confirm the bullish market:

1. Macroeconomic stability

2. New cash floww

Regarding the first factor, in the next 1-2 months, I think the macro will be stable, even somewhat positive.

- The important unknown is the financial policies when Trump is elected, especially taxes. When Trump announced the imposition of taxes on Canada and Mexico, both US stocks and cryptos dumped hard.

- But now this factor has become clearer and is priced in, some tax policies have been postponed to April 1

- In addition, Trump and Putin will soon have a meeting to negotiate peace between Ukraine and Russia, geopolitical stability is always a good factor for the financial market

Regarding factor number 2, in addition to the available money in the market, there will also be:

- The money that FTX victims were compensated in the first payment is 7 billion dollars, just a part of this money returning to crypto is also a significant boost to increase prices

- Saylor announced a plan to raise more than 2 billion USD to buy BTC. Usually when Saylor makes an announcement, there are already buyers (organizations), and Saylor can completely upside the purchase amount from 2 billion to 2.5 - 3.5 billion

- Trump is considering giving back 20% of the optimal cost from DOGE to the American people (DOGE is the US government's wasteful spending reduction department directed by Elon Musk, on average DOGE is saving the US government nearly 300 million USD per day) => if this news is approved, without having to pay the American people, it is enough to stimulate the financial market

- In addition, there is also the wealth effect from $TRUMP $PI, not to mention the recent high frequency printing of USDT, USDC.

- The $PI and $TRUMP events attract a lot of new f0 users into the market and add a significant amount of money when these users fomo in => The bookmaker wants to attract as many people into crypto as possible.

Personally, I still believe in an upcoming altcoins rally when:

- CZ comes back to tweet more and push the BSC system (the first wave will push all of them, the third wave will push new coins and be the focus of the system)

- Andre Cronje starts Sonic season after nearly 2 years of BUILD

- People's sentiment is negative at the bottom when no one dares to mention alts ss anymore

The FTX event pays and $PI, we will see the market recover and grow after this news.