The president of the Federal Reserve, Jerome Powell, opened the door this Friday to a cut in interest rates in September. "With monetary policy in restrictive territory, the overall outlook and the changing balance of risks could justify an adjustment of our policy," he said during his speech at the Jackson Hole Economic Symposium (Wyoming). The stock markets have reacted with strong gains
While these factors can create 'good moments', it is crucial to be aware of the inherent risks of $LUNC
Long-term performance: Despite occasional spikes, the long-term price trend of LUNC remains significantly low compared to its former all-time high of over 100 dollars. The enormous circulating supply of trillions of tokens is a difficult obstacle to overcome.
Speculative nature: Many of LUNC's price movements are based on speculation and news, not necessarily on large-scale fundamental adoption or utility.
Regulatory and legal uncertainty: The creator of the original Terra ecosystem, Do Kwon, has faced legal issues, and the outcome of these cases could impact the project's perception. Good moments are coming for the project, friends, with calmness and a long-term view.
$HYPER When it reaches 0.65, I will go short. I will try to let the long reach 3 dollars and not touch it just in case. Meanwhile, I am shorting from 0.65
I asked the AI: Is the Bull Run coming? Capital Rotation towards Altcoins: Although some tend to lead, there is a noticeable rotation of capital towards high market capitalization altcoins such as $LUNC which suggests a broader interest in the market. Some analysts even point out that the "real bull run" for altcoins could be just beginning.
Market Sentiment (Fear and Greed Index): While the Fear and Greed Index can be volatile, it tends to show prolonged periods of "greed," indicating widespread optimism among investors.
Macroeconomic Factors: Some macroeconomic factors, such as low inflation and a weaker US dollar, are also mentioned as possible tailwinds for the crypto market.