#PI

The interest rate cut craze has come to an end! What is the next focus in the cryptocurrency world?
Various coins surged a bit during the interest rate cut last night, but coins like Ethereum and Doge did not break their previous highs. Even Bitcoin, which is strong, only slightly exceeded its previous high but couldn't hold it. I remain cautious about the view that there will be a surge after the interest rate cut. I am still worried that after the positive news is fully absorbed, there will be a correction, or at least a consolidation. I will observe for a few days before making any conclusions.
However, after the consolidation, I think there might be another wave of market activity in October and November, as these are traditionally strong months for the crypto market, especially from late October to November, with an average increase of up to 20%. This should be the last wave of attack in this cycle for the crypto market.
There will be a significant pullback next year, after all, various coins have increased by 5-10 times compared to the bear market in 2022. There is no infinite rise, no eternal bull market; the real opportunity for wealth is actually in a bear market, where one can pick up gold everywhere.
So remember to run after finishing that wave in October and November, otherwise you'll be left hanging on the mountaintop. As shown in the picture, Shuqin had everyone clear out all their SOL in January when Trump took office. Although it wasn't sold at the very highest point, afterwards it dropped to 95. At that time, many people didn't listen, and as a result, the little bear really came. By the end of April, the bottom was full of gold, and you couldn't even pick it up.
In fact, there's no need to pursue extremes in spot trading; just sell at a position that feels comfortable for you. As for contracts, we should open positions at key support and resistance levels. The risk-reward ratio and win rate are quite favorable. One trade a day, and you'll gradually become wealthy...