Someone asked why you are bullish next? Let me briefly talk about this question!

1. I am a believer in bulls! Since August 5 this year, I have been bullish on the entire market, and it has never changed until now!

2. Half a year of reduction is often the beginning of a bull market! Looking at the halving of the bitcoin market over the years, it is basically a correction and consolidation for about half a year after the halving, and then a unilateral market that does not look back will be opened!

3. The year of interest rate cuts is the detonation point of the bull market! Since the Federal Reserve announced a 50 basis point interest rate cut on the 19th of last month, it marks the beginning of the interest rate cut cycle. Market liquidity has gradually become sufficient, and the interest rate cut will flood the currency circle!

4. The election year is the boost of the bull market! There is less than a month left before the US presidential election. This election is also very important for the currency circle! Although Trump and Harris both support bitcoin and the blockchain industry, Trump loves cryptocurrency more than Harris!

5. It is not suitable to be bearish when the bull market is in progress! Maybe many people think that this round of bull market has ended long ago, and more than 73,000 US dollars is the high point of this round of bull market, and there will be no cottage season in the future. These views or opinions are normal, but Feilong thinks that there is still a bull market and a cottage season. After all, everyone has different positions and different environments. It is normal to have different views on the same thing!

Summary: I am not only looking at one direction, but it is not time to be bearish! I also know that the big cake cannot keep rising. At least when the bull market is almost over, I will turn from bullish to bearish! The time for bearishness will be at least until the second half of next year, or when the next round of interest rate hikes by the Federal Reserve begins, I will be bearish! Otherwise, I will always be bullish!