Looking back at the market dynamics of 2019, we can't help but notice the striking similarities with the current situation. In that year, although the trade war initiated by Trump caused market turbulence, there was a widespread expectation in June that interest rates would be cut in July, with an expected probability exceeding 80%. This is quite similar to the current expectation probability of 93% for a rate cut in September.



From June to July of that year, we witnessed a strong rebound in technology stocks, with companies like Nvidia and Tesla seeing an average increase of about 30% in their stock prices. If Ethereum replicates this scenario this year, rising from around $3500 to about $4550 in two months, how will other cryptocurrencies perform?

Based on past experiences during altcoin seasons, if Ethereum rises by 30%, then large cryptocurrencies like BNB, SOL, XRP, and ADA could see increases of 50% to 100%. Meanwhile, smaller market cap cryptocurrencies are likely to experience growth of 100% to 300%. As for meme coins like DOGE and SHIB, their volatility may be even more pronounced, with increases of 100% to 500% not being uncommon in this field.

However, we must also remember that history never simply repeats itself. Although we hope that this market trend can surpass the performance of 2019, the development of the market still requires us to remain vigilant and keep an eye on the latest developments. After all, in the ever-changing world of cryptocurrency, the only constant is change itself.

While we yearn for the future, we must also remain rational and objective. Every fluctuation in the cryptocurrency market contains both opportunities and risks. Investors need to carefully assess their risk tolerance and make informed decisions. No matter how the market changes, maintaining an attitude of learning and adaptation is the key to success in this challenging field.
TRUMP2.95%
ETH7.12%
BNB2.96%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
RugResistantvip
· 17h ago
What's up, brothers?
View OriginalReply0
MetaDreamervip
· 08-08 04:59
Just do it.
View OriginalReply0
BearMarketHustlervip
· 08-07 08:52
While others are following the trend and analyzing, I am quietly laying bricks.
View OriginalReply0
NftRegretMachinevip
· 08-07 08:52
eth go go go buddy
View OriginalReply0
DefiOldTrickstervip
· 08-07 08:52
Play is play, and trouble is trouble. Fall and bear it to see who laughs last.
View OriginalReply0
FUD_Whisperervip
· 08-07 08:50
The memes are really going crazy!
View OriginalReply0
GasDevourervip
· 08-07 08:44
Why not just go all in on SOL?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)