The effects of rate hikes only began to show up nearly two years after the first rate hike. Now, with the rate cut and money printing, the market will go up. Signs of inflation caused by the new money printing will appear 2-3 years later.

I just feel that shorts are really desperate at this time, because we have heard too much about 40,000 in the past year, but based on this alone, it is difficult to go beyond 60,000.

In less than 10 months, ETF has accumulated 5% of the entire BTC supply. Since the launch of ETF, there has not been much difference in price. Let me tell you, ETF mainly comes from Over-the-counter Trading.
In a few months, you will see 15-20% of the supply held by ETFs. I don't know why so many people in the market firmly believe that there is no 🐮 market.

#AVAX: If it can retest near 28.5 on the 4-hour chart and show bullish signs, its main resistance is 31-35. The invalid range of this chart is 27.3.

#NOT: The chart was drawn a long time ago to primarily show the main support at 0.007-0.0078. This level has currently rebounded, with the main resistance near 0.0125.

My personal view of the market.
1. The market narrative and macro are both bullish. Anyone who sees the current Bear Market is relatively a newbie.
2. I won't add any leverage now. I won't buy Spot as long as it's above 65k.
3. October will be a month of bullish heavy position for various assets.
4. I won't short altcoins.

BTC still didn't provide an entry opportunity near the 61k support. Now the daily closing price is well above 64K. I don't want it to go straight to 68k just because I'm not on board yet. [Tears]

#BTC.D Dominance: Currently still continuing to decline at the resistance level, the altcoin season is getting closer and closer to us!