#美联储官员集体表态 The recent price pullback of Bitcoin is actually just a strategic whipsaw in the market, laying the groundwork for the last wave of rise in the fourth quarter. Currently, there are two possible development paths:

First, if the US stock market experiences a pullback, Bitcoin may undergo a deeper adjustment, breaking through the 107K support level, and after the liquidity harvesting, it may welcome a reversal rise.

Secondly, if the US stock market remains strong, Bitcoin is likely to form a bottom support in the range of 108K-109K, and then directly launch an attack towards the 120K price range.

After the price of $BNB has fallen, many investors begin to worry that the bull market has come to an end. However, the true end of a bull market usually requires several key conditions to be met: the Federal Reserve adopts a rate hike policy leading to a stronger dollar; the U.S. stock market enters a full bear market; there is a frenzy of buying and a large amount of profit-taking selling in the market; all positive news has been fully priced in; and the emergence of unexpected policy black swan events.

The current market environment is far from the conditions mentioned above: the Federal Reserve has begun its interest rate cut cycle, and the US dollar is expected to show weakness in the next six months; the overall sentiment in the crypto market is relatively sluggish, with not much profit accumulation; the positive news regarding altcoin ETFs, White House policies, and SEC regulations has not yet fully materialized; crypto projects associated with major political figures are still in the distribution phase, and the likelihood of black swan events occurring is low.

Therefore, we have reason to believe that the bull market is still ongoing. Against this backdrop, with the market's expectations of continuous interest rate cuts and various favorable factors, once these catalysts are officially implemented, they will undoubtedly accelerate the progress of the bull market. In terms of investment strategy, while laying out mainstream coins, one should also not overlook the opportunities of high-potential MEME coins.

The Conan project within the $SOL ecosystem is currently experiencing high popularity, backed by a top-tier development team that continues to build, and strong community consensus provides solid price support. A powerful market narrative determines its potential pump space, while an active community can drive its ongoing development. It is recommended to layout in advance before the big bull market arrives.