Why did the alt fall by 40%?

1: "War" This is one of the important factors affecting the economy
Localized friction between Iran and Israel has made the market pay for their military spending
2: "Production reduction" This is one of the most important reasons, before the production cut, everyone knew that this was expected Unfavourable Information, especially capital and institutions, they can smell the sensitivity of the market, rush ahead, leaving retail accounts stampede
3: "interest rate cut" this issue should be everyone's attention, a few days ago CPI exceeded expectations, everyone agreed that the Federal Reserve is estimated not to fall but to rise, and is worried about whether to raise interest rates, in fact, this time the CPI is also long a little more than the top, not outrageous, the old United States Intrerest Rate between 5.25 ~ 5.5, such a high annual Intrerest Rate, plus to aid Ukraine and even Israel and all parties of the little brother, no matter how bull forced can not 😂 bear it, the important thing is to speak with data, high Interest can not be said with a mouth
Just now, the European Central Bank announced an interest rate cut in June, and it is believed that it is not far from releasing water
The cycle of the BTC must follow the dollar cycle