#数字货币市场回调 The outlook for interest rate cuts in October has almost become a foregone conclusion, and it is expected to follow the guidance of the Fed's dot plot, with two more rate cuts likely this year. It is worth noting that current market liquidity is abundant, but it has not yet fully flowed into the Bitcoin market.

Bitcoin has been consolidating for nearly a year. This year, a large amount of funds has flowed into gold and the US stock market, but Bitcoin's performance may be quite impressive in the next two months. Based on the analysis of past bull market patterns, achieving a 50% increase in the final phase is a reasonable expectation, and it may even exceed this level, as peak levels are often difficult to predict accurately in a bull market environment.

From a market capitalization perspective, gold currently has a market value of about $26 trillion, while Bitcoin is only $2.2 trillion, which is relatively small in scale. Even if Bitcoin's market value rises to $4 trillion, it is not unreasonable from the overall market proportion. Therefore, there is no need to pay excessive attention to short-term market fluctuations.