At this point, it's best to forget about news regarding US interest rates - waiting for rate cuts to get on the train may likely result in missing it!
The likelihood is that the high-interest-rate environment will last much longer than anticipated!
What does this lead to?
The USD and gold will both rise, and as for the money pushing the market, of course, it will still be there!
Don't assume that high US interest rates mean there's no money to drive the market!
Cheap money this time will come from around the globe because many countries are unable to cope with the pressure of high interest rates!
Especially, US investment funds currently hold a lot of cash and are waiting to deploy it to grab good deals!
$NVDA has dropped nearly 25% from its peak, and it may continue to drop before consolidating, which will be the entry point for this money to flow in!
When Nvidia stocks bounce back, I think AI coins will also get a boost!
The AI coin wave, in my opinion, will likely start in June-July when news about the new version of GPT chat is released!
Keep an eye on $TAO, $WLD, and coins from the trio of AI mergers.
