In June, the US is going to make a big move, borrowing new debt to pay off old debt. This will release funds and likely bring a wave of liquidity into the crypto world. Additionally, with small company stocks in the US stock market and gold, there might be a profitable market trend in June-July, which we can call the "US Debt Swap Bull".

What is it exactly?
In June, the United States has $6.5 trillion in old debt maturing, and must issue at least $1.42 trillion in new debt to fill the gap. The question is, who will buy these new bonds? How high do the interest rates need to be for someone to want them?
China definitely won't buy anymore. Trump has done so much targeting China, and in March, they already reduced their holdings of long-term US Treasury bonds by 27.6 billion. Now, the UK is the second largest holder of US debt, while China has dropped to third place. Other smaller allies are also unreliable, and no one has that much money to take over. If they force foreign countries to take over, interest rates will skyrocket, and the US government cannot afford such high interest rates.
Now it can only rely on the Federal Reserve to directly start the money printing machine, crazily printing trillions of dollars to buy bonds, forcibly pushing bond interest rates down to the floor. Don't be fooled by Fed Chairman Powell's daily tough talk about not easing, in reality, there is no choice at all. In the end, the Federal Reserve will definitely absorb over 90% of the new debt, while others will only buy a symbolic amount.
If this script is implemented, it is equivalent to injecting money into the market. When there is more money, it will flow into the financial markets, such as cryptocurrencies, stocks of small companies in the US stock market, gold, and other safe-haven assets.
Although altcoins may still fluctuate up and down for now, if there are no negative factors during this period, they should not reach new lows. Once the funds are in place in June and July, a phase of the bull market for altcoins will continue.
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