EMC Labs: After six months of adjustment, 37.8 billion dollars have flowed in, the second half of the crypto bull market is about to start

The cryptocurrency fund management organization EMC Labs released a lengthy article on the X platform stating that, based on comprehensive judgments from multiple dimensions such as monetary expansion, U.S. stock adjustment, internal market structure, and chain activities, the 6-month adjustment of the crypto market has ended and the bull market will start its second half. EMC Labs stated that three out of four major central banks worldwide have already adopted loose monetary policies; global asset prices will continue to rise; U.S. stocks began pricing in this year's interest rate cuts last year and experienced severe fluctuations before and after the rate cuts. Now that adjustments are basically over and they are slowly rising again, it has lifted suppression on BTC ETF prices; during the adjustment period, funds continued to flow in exceeding $37.8 billion which absorbed selling pressure pushing short-term cost price of BTC up to around $64,000 USD; according to EMC Labs' self-developed engine eMerge's cycle index has reached 0.75 indicating that from distribution structure to chain activities etc., BTC has entered a moderate expansion state. The biggest hidden worry comes from whether or not there will be a "hard landing" for US economy.

EMC Labs also judged that Altcoin would outperform BTC in the second half with key focus being placed on blockchain infrastructure representing industry development direction possessing technological or model innovation capability user acquisition ability friendly token models and Web3 applications.