The long-term bull run is nearing its end if we look at it in terms of time! There are only about 2 porridge time left, which means a peak will be reached between September 8 and September 15, followed by a lengthy bear market! The alt season actually completed its historical mission as early as November 2024 to January 2025! $BTC and ETH have become securities due to the high participation of institutions. The development of token securitization may follow the route of the US stock market. In a bull run for US stocks, mainstream coins strengthen; in a bear market for US stocks, mainstream coins weaken! Other strong application-based altcoins may have a convergence effect, but those meme and air concept altcoins will likely end up in the same situation! U.S. stocks have continuously hit new highs, and recently there have been signs of weakness and a pullback. Perhaps in two weeks, we will see another peak. As the expectations for interest rate cuts in September settle down, a deep pullback will begin, and at that time, $BTC and others will also undergo a deep adjustment! I hope my view is not accurate, and the bull run lasts a bit longer! But at this point, perhaps it's time to abandon faith and consider swing trading! Cherish the usd#Gate广场七夕心意 #牛市 #BTC vs. ETH 巅峰对决 in your hands.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Gate广场七夕心意 The head must smile while the flesh is crying #美商务部拟上链发布经济数据
$BTC and ETH have become securities due to the high participation of institutions. The development of token securitization may follow the route of the US stock market. In a bull run for US stocks, mainstream coins strengthen; in a bear market for US stocks, mainstream coins weaken! Other strong application-based altcoins may have a convergence effect, but those meme and air concept altcoins will likely end up in the same situation!
U.S. stocks have continuously hit new highs, and recently there have been signs of weakness and a pullback. Perhaps in two weeks, we will see another peak. As the expectations for interest rate cuts in September settle down, a deep pullback will begin, and at that time, $BTC and others will also undergo a deep adjustment!
I hope my view is not accurate, and the bull run lasts a bit longer! But at this point, perhaps it's time to abandon faith and consider swing trading! Cherish the usd#Gate广场七夕心意 #牛市 #BTC vs. ETH 巅峰对决 in your hands.