$ETH
FED INTEREST RATE, WHAT IS THE IMPACT ON THE MARKET?
The Fed has maintained the interest rate at 4.50%, in line with expectations. This means:
• Liquidity remains tight - The market still has to endure without the boost from cheap money.
• Altseason? Still far off - Under these conditions, significant inflows into altcoins cannot yet be expected.
• Bitcoin at 70K? Possible - $BTC remains dominant amidst these conditions, while altcoins may be held back longer.
• The market is still waiting for certainty - Until there is certainty regarding interest rate cuts, high volatility may still occur.
So, what’s the strategy moving forward? Stay adaptive, focus on strong assets, and don’t FOMO!