The financial landscape is changing. The Federal Reserve is expected to restart quantitative easing in Q4 2023, potentially leading to significant liquidity in the economy and boosting the cryptocurrency market.
Macroeconomic Changes
The Federal Reserve plans to introduce two rate cuts before the year-end. This could result in increased liquidity in global markets, crucial for risk assets like cryptocurrencies.
Crypto Cycles: From Bitcoin to Ethereum
As the market develops, phases appear to be shifting:
* **Bitcoin Season:** The recent surge in $BTC price to record highs set the stage. * **Ethereum Season:** $ETH is now in the spotlight after breaking an 8-year downtrend against Bitcoin, marking a significant moment. * **Altcoin Season:** Historically, after Bitcoin's rise and Ethereum's breakout, altcoins tend to show significant gains.
Altcoin Prospects
In the coming months, significant changes are expected in the altcoin market. With increased liquidity, price increases for smaller projects ranging from 10x to 50x are possible.
With the rise of Bitcoin and Ethereum, alongside potential liquidity increases, the cryptocurrency market could enter a new bullish phase. The next few months are anticipated to define the direction for the entire market in 2025.