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Cut interest rates by 50 basis points on November 6th. Can we enter the market? Here, let's focus on a few key points:
First, with interest rate cuts and elections, BTC is poised for a big rise opportunity. The institution's prediction of $100,000 is not far-fetched, and once it breaks through the 74,000 mark, the encryption market as a whole will usher in a big market. Especially for AltCoins, many 10x coins may emerge in this window.
Second, after the interest rate cut, the market's demand for safe-haven assets intensified, and the successive launch of BTC Spot and Options ETF means that large funds are beginning to gather in BTC. This is currently the best destination for hedging and profit-taking, and it has also brought more Liquidity to the market.
Third, although AltCoin has a short-term Rebound, it is difficult to return to the previous round of general market gains. So, now is a good time to enter the market, but you need to follow the track of big capital flow.
Fourth, historical patterns indicate that the market will react in advance before interest rate cuts. For example, the market started in advance on September 7th last time. Based on this speculation, the optimal lying in ambush time for this round of interest rate cuts may be around October 20th.
Fifth, last night BTC fell to a minimum of 60200 points, this is the opportunity to set up a layout, the market has given another opportunity to enter, follow us to seize the last lying in ambush opportunity around October 20th.
This layout is for the market after the interest rate cut on November 6th. Focus on following public chain projects and interested in exchanging ideas together. #币圈观察员