Dang.. market participants anticipate no rate cut until next year 😓
I thought there would be more than at least one rate cut this year. But people anticipate no rate cut until next year. Terrible 😞
The current macroeconomic environment isn't friendly to the altcoin market. It's possible that BTC(Bitcoin) declines more below $60k again.
As long as BTC is bearish, rates of increase for altcoins will be limited. I hope the current sentiment will change soon. We need a turning point.
Yeah, the market’s expectations have definitely become more hawkish than many of us anticipated. Higher rates for longer continue to pressure risk assets, especially altcoins. That said, sentiment can shift quickly if inflation data cools or economic growth weakens. For now, patience and risk management seem more important than chasing short-term rallies. Hopefully we get a clearer catalyst later this year.