EMC Labs: The second half of the crypto bull market is about to start

EMC Labs, a crypto fund management agency, published a long article on the X platform, saying that judging from the monetary expansion, US stock adjustment, internal market structure, on-chain activities and other dimensions, the six-month adjustment of the crypto market has ended, and the bull market will start the second half. EMC Labs said that three of the world's four major central banks have adopted monetary easing policies, and global asset prices will continue to rise; the US stock market has priced this year's interest rate cut in advance since last year, and there have been violent fluctuations before and after the interest rate cut. Now the adjustment is basically over and it has begun to rise slowly, lifting the pressure on the BTC ETF price; during the adjustment period, funds continued to flow in by more than 37.8 billion, absorbing the selling pressure and raising the short-hand cost price of BTC to about US$64,000; according to the cycle index of EMC Labs' self-developed engine eMerge, it has reached 0.75, which means that BTC has entered a state of moderate expansion from the distribution structure to on-chain activities. The biggest concern comes from whether the US economy will "hard land". EMC Labs also believes that Altcoin will outperform BTC in the second half, and it focuses on blockchain infrastructure and Web3 applications that represent the direction of industrial development, have technological or model innovation, have user acquisition capabilities, and are friendly to token models.