It seems that they're going to do 2 rate cuts later this year. The Fed is concerning about the stagflation which is high inflation and low economic growth. I realized why they're hesitating rate cuts more. However, I'm sick of it. The latest rate cut was last December. It's been 6 months.
I expected that the next 3rd altseason would occur this spring. But, it didn't happen. I hope that BTC (Bitcoin) dominance will start collapsing from this month 🙏
As you know, the altcoin market has been mostly bad during summer. Will it be different to this summer? I can't imagine that the altcoin market will consecutively be bearish until this August for 8 months.