Brothers, good morning! The cryptocurrency market has recently entered a critical observation period, and the coin circle in August is likely to stage a rollercoaster行情. Currently, the bulls have pushed market sentiment to its peak, and there may still be a surge in the short term, but after BTC rose from 106,000 to 123,000, this phase's target has basically been achieved, and it is highly probable that we will enter a stage of consolidation and digestion.
At the beginning of July, I was firmly bullish because the adjustments were in place and funds were clearly entering; however, the situation has now changed. The market's expectations for a rate cut in September have become exaggerated to an irrational level, and I can vaguely sense that someone is deliberately raising the sentiment and creating an atmosphere of excitement—under these circumstances, when it truly reaches the rate cut point, it may instead lead to a sell-off to clear the overheated sentiment.
It is especially necessary to be vigilant about the correlation effects with the U.S. stock market: if the stablecoin legislation suddenly shows progress, it could potentially push Bitcoin up again, but this seems more like the final carnival at the end of the market. The old Trump team is best at playing tricks on high position cash-outs. In mid-August, they may replicate the operations from January this year—first suddenly releasing good news to entice, and when retail investors follow the trend and chase the highs, directly smashing the market in late August to create panic, making September's market appear like a bear market re-emergence, and at that time, the rate cut will seem 'just right'.
If you are always hesitant and miss opportunity after opportunity, then please follow the steps of Brother Xiong. Each bet is made after careful consideration and time-based reasoning. For those who want to get on board and learn strategies, Brother Xiong is always at your service. $BTC $ETH #以太坊ETF连续12周净流入 #加密市场反弹 #美国加征关税