Recently, the Crypto Assets market has garnered widespread attention from investors. The latest views expressed by David Duong, the head of institutional research at Coinbase, have sparked heated discussions in the market. He stated that the current weak performance of Bitcoin may just be a temporary risk-averse behavior, and he expects the market outlook to become clearer in September.



Despite the impact of the Jackson Hole conference and PPI data on interest rate cut expectations, Duong's viewpoint seems to inject a dose of confidence into the market. This aligns with the recent prediction from the Bank of Indonesia that the Federal Reserve may cut rates twice in the second half of the year, suggesting that overall monetary policy may be shifting towards a more accommodative stance.

It is worth noting that several strategists believe that the current adjustment period for Bitcoin may represent a potential buying opportunity. They generally认为 that the recent pullback has been primarily driven by profit-taking. However, investors still need to remain cautious and closely monitor important meetings next week.

Analysis indicates that Ethereum (ETH) may be the first to experience a price increase. However, considering the current market uncertainty, investors should avoid putting all their funds into a single asset.

Overall, although the Crypto Assets market may still experience volatility in the short term, the long-term outlook seems to be gradually clarifying. Investors should closely follow market trends, rationally view short-term fluctuations, and formulate appropriate investment strategies based on their own risk tolerance.
BTC-2.03%
ETH-5.46%
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0xSunnyDayvip
· 08-23 09:21
The coin market must rebound after hitting the bottom.
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Rekt_Recoveryvip
· 08-23 05:20
It's another sideways market.
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GweiTooHighvip
· 08-21 00:55
The earlier you buy, the earlier you enter a position in the market.
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VitaliksTwinvip
· 08-20 11:01
It's all just short positions traps.
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MetaverseLandlordvip
· 08-20 09:52
Hold on and wait for the Rebound
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GlueGuyvip
· 08-20 09:43
Buying is never wrong.
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faded_wojak.ethvip
· 08-20 09:32
Get on board is just the right time.
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GateUser-aa7df71evip
· 08-20 09:25
The bull run is right in front of us.
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