September 24 Market Outlook Discussion: The Bull Market Everyone Hopes For Might Just Be an Illusion
In recent times, market sentiment has been volatile. When the BTC price successfully broke through the 83,000 mark, investors’ enthusiasm was instantly reignited, and many friends were cheering as if the bull market had fully returned. During this period, the market’s greed and fear index also jumped directly to 79. However, the subsequent行情 did not continue to surge as everyone expected—instead, it saw a rapid pullback. Judging from current market performance, the earlier surge was very likely only a false breakout.
Looking back at the market trajectory in 2024, Trump’s rise to power did bring a remarkable surge to both the AI and crypto sectors. Still, while staying optimistic, everyone needs to fully recognize the potential risks. Under the macroeconomic backdrop of consecutive interest-rate hikes, if the Republican Party ultimately loses in the November midterm elections, this combined effect would deal a heavy blow to the market and could even trigger a crash-like selloff in both the AI and crypto sectors. Taken together, the end of this current market rebound has officially entered a countdown phase.
In recent times, market sentiment has been volatile. When the BTC price successfully broke through the 83,000 mark, investors’ enthusiasm was instantly reignited, and many friends were cheering as if the bull market had fully returned. During this period, the market’s greed and fear index also jumped directly to 79. However, the subsequent行情 did not continue to surge as everyone expected—instead, it saw a rapid pullback. Judging from current market performance, the earlier surge was very likely only a false breakout.
Looking back at the market trajectory in 2024, Trump’s rise to power did bring a remarkable surge to both the AI and crypto sectors. Still, while staying optimistic, everyone needs to fully recognize the potential risks. Under the macroeconomic backdrop of consecutive interest-rate hikes, if the Republican Party ultimately loses in the November midterm elections, this combined effect would deal a heavy blow to the market and could even trigger a crash-like selloff in both the AI and crypto sectors. Taken together, the end of this current market rebound has officially entered a countdown phase.
