The fluctuations will be very large between July and August, as the US 2-year Treasury bond has dropped to 3.6, and the probability of an interest rate cut in September is 80%. There are currently two possibilities. First: Ethereum dropped to 1800 between July and August, then on September 18, interest rates were cut, and it rebounded between 3600 and 5000 in October to November. The second option is to start a rally in the second half of July and continue until mid-August. In the second half of August, it fell to early September. Market stabilizes In rebound Currently, the bull market in Hong Kong stocks is nearing its end, and funds are expected to gradually withdraw to the US stock market around mid-July. U.S. stocks are rising, and it should eventually reach the crypto market. Before it does, the crypto market has already declared a bear market.
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Market Analysis
The fluctuations will be very large between July and August, as the US 2-year Treasury bond has dropped to 3.6, and the probability of an interest rate cut in September is 80%.
There are currently two possibilities.
First: Ethereum dropped to 1800 between July and August, then on September 18, interest rates were cut, and it rebounded between 3600 and 5000 in October to November.
The second option is to start a rally in the second half of July and continue until mid-August.
In the second half of August, it fell to early September.
Market stabilizes
In rebound
Currently, the bull market in Hong Kong stocks is nearing its end, and funds are expected to gradually withdraw to the US stock market around mid-July.
U.S. stocks are rising, and it should eventually reach the crypto market. Before it does, the crypto market has already declared a bear market.