"Trump hopes to reach an agreement before April 6" 🤣🤣🤣
Friends who have been in the cryptocurrency space for a year should remember what happened around April 6 last year.
In those days: the global market first experienced a collective crash, followed by a continuous surge.
What are they up to this time? 😩
Let me share my views:
If the war ends, it would certainly be a good thing, but the question is—will it be good enough to cause the global market to rise all the way and hit new highs? I think not necessarily.
Especially in the cryptocurrency space. This round of decline did not start only when the war began;
it actually started to weaken much earlier. Moreover, this time is different from last year: the cryptocurrency market has dropped deeper. The major indicators confirm that a bear market is still likely to continue with a 95% certainty.
Therefore, what can truly drive the cryptocurrency market up is definitely a favorable interest rate cut.
It’s not just a matter of negative news being exhausted, but a real release of liquidity.