This round of bull market in the crypto market:

1. Slow growth, not showing the money-making effect of the previous bull market;

2. Poor liquidity, most of the high-market-value altcoins except BTC have not reached new highs;

3. Lack of traffic, social media attention is far lower than in the previous bull market;

Before the non-agricultural data, Bloomberg predicted that the probability of a rate cut in September exceeded 65%

Non-agricultural data was released on June 8

Non-agricultural data showed that the US economy was much stronger than expected

Whether the US economy is really strong or just talking hard before the election

The possibility of a rate cut in September is already very low, and whether there will be a rate cut in November is also full of unknowns.

But we see that the market value of the pie has reached 9.65 trillion US dollars, and the total market value of the crypto market is about 18 trillion

It is the sum of the peak of the 21-year bull market (not including the continuous launch of new coins from 21 to 24 and the huge amount of unlocking and outflow by institutions)

How much capital volume is needed to continue to push upward? It may take a global interest rate cut to have enough volume to push it forward.

The crypto market needs liquidity too much. If there is not enough capital volume to push it forward, it can only go up and down and wash the market continuously.

At present, the interest rate cuts in Europe and Canada are just the beginning. The market has pulled up the market twice at a very fast speed, and the old-brand cottages have almost no performance.

The trend of MEME with small market value/volume can also show that the depth of the market is not enough, so it is necessary to constantly pull back to give more people opportunities to participate.

Reviewing the market this year, the big cake rose sharply in February and retreated from March to May. Ethereum pulled the market at the end of May and the beginning of June. The current rhythm of the market will enter a retreat again. The pin of the non-agricultural data on June 8th, Lao Fu judged that it might be a pre-fall before the decline.

One pin goes to the cottage leverage, and another pin goes to the cottage leverage after covering the position, and then the market enters the stage of accumulating power for the decline.

At present, friends should not be blindly optimistic and keep their wallets. When waiting for the big cycle tide to come, it is actually the time to make real money.