With the recent strong pump in the Crypto Assets market, investor sentiment has reached a peak and may continue to maintain a rise in the short term. However, we also need to be vigilant about the impending market Fluctuation.

Bitcoin rose from $106,000 to $123,000, and the achievement of this intermediate goal implies that it may enter a period of fluctuation consolidation next. The market environment in August is relatively complex, mainly because investors are overly optimistic about the possibility of interest rate cuts in September.

The market seems to be deliberately guiding investors upwards, but before the good news materializes, there is likely to be a wave of fluctuation to lower market sentiment and pave the way for possible interest rate cuts.

At the same time, we also need to pay attention to the direction of the US stock market, especially the short-term impact that the stablecoin legislation may bring. This could drive Bitcoin to rise again.

It is worth noting that the market may experience a wave of super favorable conditions in mid-August, similar to patterns in previous years. However, late August may see a bubble burst, triggering a large-scale reshuffle, creating the illusion of an impending bear market for investors in September.

This shift in market sentiment may provide a reasonable basis for potential interest rate cut decisions in September. Therefore, investors should remain vigilant, manage risks appropriately, and also seize possible investment opportunities.