The Federal Reserve (FED) does not lower interest rates.

The market will not be good.
Recently, many people keep asking me when they can bottom fish and when they can lay out spot positions. I tell you, in this market, you can't lay out spot positions nor bottom fish. Almost everyone who tries to bottom fish or engage in spot trading is losing money and being stuck. Why?
Firstly, the market trend in these past few months has clearly been bearish, dropping from 100,000 to 70,000. If you try to bottom fish and position in spot trading, you are basically losing a lot, especially with altcoins, which have dropped several times. If you do not change your previous thinking, you can only end up getting cut, because the market has not reversed yet. If you try to bottom fish, you are basically stuck halfway up the mountain.
So, only if The Federal Reserve (FED) lowers interest rates will the market possibly reverse, because the liquidity in the cryptocurrency space is clearly insufficient right now, and it has been painfully supported only by the existing retail investors and the available funds. How could there possibly be a big market in the crypto world? Moreover, the big players keep harvesting the retail investors, and the funds are dwindling, as are the retail investors. If this continues, where will the market come from, and where will the opportunities arise?
So those who are laying out spot positions and bottom-fishing should first stay in cash and wait for The Federal Reserve (FED) to ease up, wait for the funds to enter the market, and only then go long to have a chance to profit. Never pay for an uncertain future.