Although the market data is still volatile, I am still confident about the next trend because interest rates are about to be cut.

Interest rate cuts essentially drive funds out of bank deposits and government bonds. This money will definitely be invested in risky assets, so US stocks, BTC, and so on will rise. This is the logic of capital flow. Interest rate cuts are just a tool, and more importantly, they guide investment sentiment.
Before it was confirmed that interest rates would start to fall in September, did the market experience a big dump? This is the logic of the financial market's 'shoe dropping' - when 'Favourable Information' is announced, it is indeed 'Favourable Information,' but when it is implemented, it becomes 'Unfavourable Information' in the short term; the same goes for 'Unfavourable Information,' which loses its threat after being implemented and becomes 'Favourable Information.' The market speculates in advance and makes money by positioning early.
However, after several rounds of speculation, it is now moving towards substance, that is, really starting to cut interest rates. The interest rate cut brings Liquidity, brings real money, can truly boost the currency price, boost market confidence, and start a new round of asset bubbles.
In other words, starting from October, BTC will gradually raise its bottom and open the Bull Market in response to the interest rate cut. Even if there is some fluctuation, it will not affect this process.
#币圈观察员