The main determining factor for whether there will be an interest rate cut in June is whether the economy is in recession. The CPI data for April and May, along with the GDP and unemployment rate data at the end of this month, will play a decisive role in the interest rate cut in June. Of course, just because there is an interest rate cut in June does not mean it is a major positive. Many friends believe that once the interest rate is cut, the cryptocurrency market will take off. This can only be described as speculative anticipation because the Federal Reserve will not cut rates prematurely if the economy is not in recession. It can only be said that speculation around interest rate cuts will bring some liquidity, and the market will rebound, but once it settles, it indicates that many large funds will choose to seek safety due to future economic recession, leading to a depletion of market liquidity, especially in the U.S. stock market. Therefore, it is important to understand the essence of the interest rate cut and to prepare and plan in advance. The trade war artificially intervenes to create 'economic recession,' and the rebound in inflation is actually a game with the Federal Reserve, which means that the risks in the market are exposed due to human intervention, forcing the Federal Reserve to cut interest rates. Thus, the difficulty of this bull market will increase. The cryptocurrency market differs from the U.S. stock market in that the cryptocurrency market, due to Web3 innovation, technological updates, and narrative transformation, can change very quickly. The growth environment for new projects accelerates, promoting the growth of good projects while also hastening the demise of 'poor-quality' projects. In contrast, the U.S. stock market is mainly focused on a few leading companies, where apart from the macro environment, technical overlays and company data affect stock price fluctuations. In the cryptocurrency market, new projects either take off or go to zero. Therefore, selective investment is very important for this round of the cryptocurrency market bull run. I personally prefer to refer to this bull market as a 'selective bull market.'
