It is expected that the Ethereum and altcoin bull market will start from the next Fed meeting to cut interest rates. The good news is that this day is coming soon!

There is a huge correlation between ETH and Treasury yields-

Initial rate cut of 50 basis points = ETH rises by 11%; sentiment swap + rising yields = ETH falls;

The logic of Ethereum and Bitcoin is different. Bitcoin is undoubtedly more certain, so once the expectation of rate cut begins, Bitcoin can start to lead the rise, but Ethereum needs funds to enter, so I think the start of rate cuts will be the driving force and fuse for Ethereum's rise;