When the Federal Reserve starts 'injecting liquidity', Bitcoin is like a beast unleashed from its chains—either it rushes to the peak or falls off the cliff. Now, Daley has personally handed over this key.

What does Daley mean by 'two rate cuts'? What direct impact does it have on the crypto space?

In simple terms, the Fed cutting rates means 'printing money to save the economy'; with more money, risk assets like the stock market and crypto space will rise. Daley's statement about 'two rate cuts this year' is like giving the market a 'peace of mind' pill—cutting rates is not a 'possibility' but a 'done deal'.

The impact on the crypto space can be directly seen in three points:

More money means Bitcoin becomes more valuable: with the dollar depreciating, investors will rush to buy Bitcoin as a 'hard currency', just like during the pandemic in 2020 when Bitcoin soared from $3,800 to $65,000 due to the Fed's 'unlimited money printing'.

Institutional funds are pouring in: the current Bitcoin ETF holdings have exceeded 1 million coins, and Wall Street giants like BlackRock and Fidelity are buying madly. After the rate cut, their money will increase, and their buying power will only grow stronger.

Altcoins may follow the trend: when Bitcoin rises, funds will spill over to mainstream coins like Ethereum and SOL, and even some lesser-known coins may bounce along. But remember, Bitcoin is the leader, altcoins follow the trend; don't lose sight of the main point.

Long's view: Daley's statement this time is equivalent to giving the crypto space a 'green light'. Before the September rate cut, Bitcoin will likely hit $120,000. But don't blindly chase highs; the market could correct at any time. Save some bullets and build positions in batches.

History tells us: when the Fed cuts rates, the crypto space goes crazy! But what's different this time?

Reviewing the last two interest rate cut cycles:

March 2020: The Fed urgently cut rates to 0%, Bitcoin surged 1600% in three months.

September 2024: The first rate cut of 50 basis points, Bitcoin rises 12% in a single day, directly breaking through $60,000.

But this time, the difference is:

Institutions call the shots: in the past, the crypto space was dominated by retail investors and miners, but now giants like BlackRock and Fidelity control over 35% of Bitcoin; their buying and selling decisions directly influence the price, leading to smaller fluctuations but a more stable trend.

The global economy is getting worse: global debt now exceeds $350 trillion, and the dollar's credibility is collapsing. Bitcoin's 'digital gold' attribute is being repriced, with more people seeing it as a 'safe-haven asset' rather than a 'speculative tool'.

Halving cycle overlap: Bitcoin will halve in April 2024, miner selling pressure will halve, and the market supply and demand will completely reverse, making a long-term bullish outlook a high probability event.

Long's view: This interest rate cut cycle may not see Bitcoin's rise as crazy as in 2020, but it will last longer. $100,000 is a starting point, not an endpoint. But don't forget, there are always risks in the crypto space; don't put all your money in, leave a way out to live longer.

Is it still a good time to get in? Long has three 'survival tips' for you!

Focus on spot trading, be cautious with contracts: the market sentiment is too hot now, and leverage in contracts can easily lead to liquidation. Honestly buy Bitcoin spot or Bitcoin ETFs for safety and peace of mind.

Don't touch altcoins unless you have extra money: 90% of altcoins will go to zero. Don't be fooled by their current surge; the drop can be more severe. Leading coins are the way to go.

Set take-profit and stop-loss levels; don't be greedy: for example, if Bitcoin rises to $100,000, sell half to lock in profits; if it falls below $80,000, decisively stop-loss; don't hold on stubbornly.

Long's view: it's still a good time to get in, but don't go all in, don't leverage, and don't believe in the hype of '100x coins'. The secret to making money in crypto is 'surviving longer', not 'making quick profits'.

Daley's statement on interest rate cuts is just the beginning. The September FOMC meeting, a second rate cut in December, and the possible 'Bitcoin strategic reserve' from the Trump administration... In the next three months, there will be big news in the crypto space every day.