Why did it rise yesterday without a rate cut?
1. Traders believe that no rate cut means no outflow of funds; as long as the money stays in the U.S., it can continue to drive the U.S. stock market, which is why it rose yesterday.
2. This kind of rise won't last long, why? Sorry, I have my limitations; I've been observing SOL a lot recently. The trading volume for the recent rise in SOL hasn't matched the trading volume for the decline. So if there's no volume to push it up, won't the market makers choose to push it down instead?
3. Why is it falling: Taking ETH as an example, we all believe that this round ETH is the doomsday vehicle. Regardless of the expansion in April or any positive news that led to the recent rise in ETH, let's be decisive; there won't be a bull market in the second half of the year. Why won't there be a bull market? This round is not a market behavior but a political behavior. The market actually has no money; with such high interest rates, there's practically no money in the market, all relying on political means to drive up prices, which certainly has its limitations.
4. When to buy: I think when the Federal Reserve's rate is around 2%, buying in batches should be fine.
(1) At that time, the money in the market will slowly come out.