The current market is very anxious.

Funds have not gone to altcoins, the funds going to Bitcoin are still the most, it's just that Bitcoin's market capitalization is huge, and it can't be pumped, so there's no way for the funds to think about going to altcoins.
Moreover, after the interest rate cut this time, the US Interest rate is still around 5%, which is truly unfavorable. Even if you cut interest rates, Interest is still high, which is only short-term favorable information. The fact that the huge Unfavorable Information of 5% Interest rate still exists is undeniable.
A raging bull market is inevitable, but it won't happen at 5% interest.
So, during this period, there is a 99% probability of oscillation until the Interest drops to within 2%.
As for whether it's 2% or not, it's also dynamically changing based on the world economy.
If the economy is not good, cutting interest rates to 1% may trigger a raging bull market.
If the economy is good, lowering interest rates to 3% may indicate the start of a big bull market.
In the end, all the logic of Unfavourable Information cannot escape the data of economic development.
With poor economic development, there won't even be currency (primitive society relied on bartering).
Not to mention the most advanced form of currency, virtual currency? #crypto marketRebound
So my opinion is: short-term bearish, long-term bullish. The long-term judgment indicators have been explained clearly earlier.