Last two rounds of interest rate cuts, a violent surge? Bull market alarm rings!
The two doses of interest rate cuts from the Federal Reserve may still push the market to surge twice more, but this is likely the final sprint of this bull market.
The current market environment has changed, and investors' risk appetite has clearly cooled; they are not as willing to gamble as before. In on-chain data, the peaks of the greed indicators are getting lower and lower, and the atmosphere is clearly off.
The most painful part is that large holders have long been quietly offloading, the concentration of holdings is loosening, and the selling pressure in the market is increasing. What’s more troublesome is that latecomers who follow the trend are entering at extremely low costs; as soon as the price is pushed up, they want to flee, and the profit margins are getting narrower and narrower, making it extremely difficult to earn a decent price difference.
In my personal opinion, interest rate cuts can provide temporary support and allow for two more surges, but afterwards, the market will definitely struggle to withstand the selling pressure, and a short-seller counterattack is a high-probability event; an adjustment period is due.
Don’t let the shouts of a roaring bull market cloud your judgment; this surge might be the last retreat window, so earn and cherish it.
If you are still confused in the crypto circle, not knowing how to operate, click on my avatar to follow me! Come join my pace; this bull market will explode with more hundred-fold coins, guessing is not as good as seizing the opportunity.
