Market Analysis September 19, 2025

After a 25 basis point rate cut, the market did not experience any unexpected movements. The U.S. stock market is continuing to reach all-time highs, and gold prices are also hitting new highs. All risk assets around the world are steadily rising during the Federal Reserve's rate cut cycle. Although we know that no asset can rise indefinitely in one direction, due to the inherent rules of the monetary system, the prices of valuable assets tend to rise steadily with some fluctuations over the long term. In any case, we are currently in an upward cycle of a bull market, and given this, we should never try to guess the top and short the market; instead, we should embrace the rise, embrace the bubble, and let our U increase in the midst of the bubble.
Recently, the cryptocurrency market has been mostly in a volatile rhythm, especially with several mainstream assets. In this situation, there are certainly forces at play that are hindering price increases, particularly with Ethereum, where an unprecedented high-volume turnover has not yet ended. After the mutual accusations, the price trend is objectively difficult to predict. Of course, this is the time when more steadfast confidence is needed. In fact, yesterday’s breakthrough of BNB above the $1000 mark should inspire us. Not to mention that we should hold some assets that can counter inflation, from the perspective within the community, as long as there are still blockchain projects that are building, the long-term growth of market value is certain, and I believe the Ethereum community is currently the most successful ecosystem in building.

The recent market is still relatively hot. Perhaps many people don't feel it much, but that's the reality. Funds are mainly concentrated on new projects, and besides a few small projects being launched every day, not much has changed.