The next 10 days will be crucial! Three major catalysts that could trigger a "super alt season" for BTC and ETH.

Bitcoin (BTC) is leading the market into a critical consolidation period, and the next 10 days may determine whether this year's fourth quarter will usher in a “super altcoin season.” The encryption research institution Bull Theory points out that the interest rate decisions and liquidity policies of global central banks will become the core catalysts for igniting market trends.

Macroeconomic Background: China's Economic Slowdown May Trigger Global Easing

Recent economic data from China shows that retail sales increased by 3.4% year-on-year (below the expected 3.9%), industrial added value grew by 5.2% (a one-year low), and the urban unemployment rate rose to 5.3%.

These data indicate that the world's second-largest economy is facing weak demand, and quantitative easing (QE) may become a major policy option. China has begun injecting liquidity into the market, and if it intensifies its easing, it will expand the global money supply and support risk assets.

Central Bank Movements: The Possibility of Global Coordinated Interest Rate Cuts

Federal Reserve (September 17)

The market expects a 25 basis point rate cut. If Chairman Powell signals further easing, liquidity may experience explosive growth. Historical data shows that in similar situations, BTC and the crypto market often rise by 5%–10% within a few weeks.

Bank of England (September 18)

If interest rate cuts are followed, it will support global coordinated easing policies.

Bank of Japan (September 19)

Adopting a dovish stance will lower the yen and boost dollar liquidity, indirectly benefiting the encryption market.

Bull Theory believes that if the three major Central Banks of the US, UK, and Japan simultaneously lean towards easing, it will create the strongest macroeconomic bullish combination this year.

Potential Impact on the Encryption Market

In the best scenario of “global coordinated easing,” Bull Theory predicts:

Bitcoin (BTC): Expected to break through 120,000 USD, ending the consolidation and starting a new round of上涨.

Ethereum (ETH): The influx of ETF funds accelerates, which could drive ETH back to a strong upward phase.

Altcoins: The influx of liquidity will drive capital outflow, catalyzing a “super altcoin season,” where small to mid-cap coins may experience multiple-fold price increases.

Conclusion

The next 10 days will be a “critical moment” for the encryption market. If the Central Banks of the US, UK, and Japan simultaneously release easing signals, along with China's increase in liquidity, BTC, ETH, and alts may welcome the strongest correlated uptrend of the year. For investors, this is a golden window for early positioning, but at the same time, strict control of positions and risks is necessary to guard against severe corrections caused by the failure of macro expectations.