In June, the US is planning a big move, borrowing new debt to repay old debt. This will release funds and is likely to bring a wave of liquidity into the crypto world. Additionally, with the small company stocks in the US stock market and gold, there may be a profitable market in June and July, which we can call "US Debt Swap Bull".

What exactly is the matter?
In June, the U.S. has $6.5 trillion in old debt maturing, and it must issue at least $1.42 trillion in new debt to fill the gap. The question is, who will buy this new debt? How high do the interest rates need to be for someone to want it?
China will definitely not buy anymore. Trump has done so many operations targeting China, and in March, they already reduced their holdings of long-term US Treasury bonds by 27.6 billion. Now the UK is the second largest holder of US bonds, and China has dropped to third place. Other smaller allies are also unreliable, and no one has that much money to take over. If they force foreigners to take over, interest rates would have to soar, and the US government simply cannot afford such high interest rates.
Now it can only rely on the Federal Reserve to directly start the money printing machine, wildly printing trillions of dollars to buy bonds, forcibly pushing bond interest rates to rock bottom. Don't be fooled by Federal Reserve Chairman Powell's daily tough talk about not flooding the market; in reality, there is no choice. In the end, the Federal Reserve will definitely absorb over 90% of the new debt, while others will only buy a symbolic amount.
If this script is implemented, it is equivalent to pouring money into the market. More money will flow into the financial markets, such as cryptocurrencies, small company stocks in the US stock market, and safe-haven assets like gold.
Although altcoins may still fluctuate up and down now, if there are no negative factors during this period, they should not hit new lows. Once the funds are in place in June-July, the phase of the bull market for altcoins will continue.
#山寨币季节指数升至24