Every July, the cryptocurrency market goes through the same situation:
First, altcoins surge due to fear of missing out on collective gains, followed by a frenzy of investment chasing short-term hotspots, making the entire crypto sphere particularly optimistic.
However, once August arrives, the market usually experiences a decline. This is not coincidental; looking at historical trends, this has been a recurring pattern. Now that August is here again, if the market corrects, don't panic. This is actually an opportunity for experienced retail investors to quietly buy in, rather than a time to be afraid.
It is expected that the enthusiasm for altcoins will cool, and Bitcoin may also drop again near key support levels. But based on previous years' experiences, as long as this cyclical pattern remains unchanged, a real uptrend often follows after a correction.
Remember: history always repeats similar rhythms, so don't be swayed by short-term fluctuations.
