EMC Labs: After a 6-month adjustment, $378 billion flowed in, and the second half of the bull run is about to start

PANews September 27th news, the encryption fund management agency EMC Labs released a long article on the X platform, stating that based on comprehensive judgments from multiple dimensions such as currency expansion, US stock adjustment, internal market structure, and on-chain activities, the 6-month adjustment of the encryption market has ended, and the Bull Market will start the second half. EMC Labs stated that three of the four major central banks in the world have adopted loose monetary policies, and global asset prices will continue to rise; US stocks have priced in this year's rate cut since last year, and have experienced violent fluctuations before and after the rate cut. Now the adjustment is basically over and it is starting to rise slowly, releasing the suppression on BTC ETF prices; During the adjustment period, funds continued to flow in, absorbing over 37.8 billion, and pushing the short-term cost of BTC to around $64,000; According to EMC Labs' proprietary engine eMerge, the cycle index has reached 0.75, which means that BTC has entered a moderate expansion state in terms of distribution structure and on-chain activities. The biggest concern is whether the US economy will experience a hard landing. EMC Labs also predicts that in the second half, Altcoins will outperform BTC, focusing on following the direction of industrial development, possessing technological or model innovations, having user acquisition capabilities, and having Block chain infrastructure and Web3 applications with friendly Token models.