It takes a good amount of liquidity to fund any crypto market rally. At present, liquidity is missing. Corporate liquidity is almost exhausted, and retail liquidity awaits the end of war and inflation (3.3% last month).
The next leg of gains in the crypto market must be fulfilled by a new series of funds, which can only come when the Federal Reserve lowers the interest rates.
We at A2Z Cryptocurrencies believe this might happen around the June 16-17 meeting, when a new Fed Governor will have to lower rates to ensure the government renews its debt at a lower price than existing rates.
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