BTC.D is currently slowly declining, and the performance of ALTS is not particularly outstanding for the time being. SOL, ETH, and BNB have a generally consistent rhythm, with SOL&BNB slightly stronger than ETH for the time being. Especially BNB has the most prominent performance.

Other SEI SUI RATS TAO, and other assets, have shown strong market continuity, while memes have not shown strong market continuity for the time being. Overall, ALTS are experiencing a moderate pump. The biggest challenge for BTC in the future is still at the 65K level, which is the upper boundary of the channel.

65K could be an important point of contention for the next market trend. As I mentioned earlier, in the early stages of interest rate cuts, the cryptocurrency market is mostly driven by existing supply. Therefore, there will likely be significant fluctuations in the stability of the market in a single direction. This drop in stability will gradually improve with the rise in the pace of interest rate cuts.

The opportunity for ALTS does not seem to be very good for the time being, although it can be seen through BTC.D that there is a certain degree of opportunity for ALTS, but it is limited to some ALTs, and the current increase is also relatively limited.

If you are not implementing a Build a Position strategy in stages to cope with the trading opportunities within this interest rate cut cycle and ultimately prepare for the start of the main uptrend. It is best to remain cautiously optimistic, maintain a sense of crisis, and deal with the current market conditions.

bull! It will definitely come! But it will definitely be when the US dollar Liquidity is flooding.