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The cryptocurrency market has recently experienced a significant fall, sparking heated discussions among investors regarding the market direction. Historically, March 10 or March 12 has often been a critical moment for the cryptocurrency market. The magnitude of this decline raises the question of whether it contains potential investment opportunities.
Looking back, the interest rate cut in September did not bring the expected benefits, but instead triggered a market fall. So, will the upcoming interest rate cut in October change this trend? This question is worth pondering for investors.
In the current market environment, the risk of most small encryption currencies facing a wipeout has become the norm. However, we should not generalize all altcoins. In this wave of fall, certain high-quality projects may be nurturing new opportunities.
If the current market trend indeed replicates the historical '310' market, then investors need to be wary of the potential '311' and '312' that may follow. In the face of such drastic market fluctuations, rational allocation and moderate bottom-fishing may be a wise choice.
It is worth noting that over the past year, we have experienced market reactions of rising before interest rate cuts and falling after them twice. However, the market is constantly evolving, and if there is another interest rate cut in October or November, we may see different market performance.
In this uncertain market, investors need to stay alert. While some cryptocurrencies may disappear in this round of adjustments, there may also be some projects that create new investment opportunities amid market fear. Staying vigilant, conducting thorough research, and making rational decisions will be key to navigating the current market.