The market is fluctuating, repeatedly oscillating. If it cannot break through after two months and remains in a long-term sideways trend, then we need to be cautious of a sharp decline. At this stage, prolonged stagnation will lead to a drop. There will definitely be a significant market movement in the future, but before that, a sharp drop will occur to liquidate positions, causing panic and washing out speculative traders, which will then pave the way for a real upward trend. This is the usual operation from the past.
It's dropped again, continuously peaking and falling around 110,000. This hurdle won't be crossed in the short term!
It's quite good, a high-level fluctuation in July and August, then another drop, hitting the bottom in September to start a big rally that lasts until the end of the year.
I hope this is the rhythm, and it should be this rhythm. Normally, the interest rate should be lowered by September at the latest. The delay in lowering rates keeps dragging on; how much longer can it be postponed? 🤣 Lowering rates is bullish, lowering rates is bullish, lowering rates is bullish...
23.64K
25
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.