Recently, the crypto assets market has shown some positive signs. Predictions made a month ago indicated that Bitcoin could reach a high of $116,000, and this expectation has been partly validated by the market. Currently, market sentiment is gradually shifting towards optimism.



However, the upcoming week will bring several potential market catalysts. These include the intensive release of financial reports by the US stock market, the White House delaying the publication of the digital asset report, and the Federal Reserve's impending announcement on interest rate decisions. These events could serve as catalysts for a new wave of market volatility.

It is worth noting that, based on historical data, August and September are usually months when Bitcoin performs relatively poorly. Over the past decade, the average return in August has been close to zero, with only three years showing an increase. Therefore, many traders tend to lock in profits during this period.

Despite the long-term optimism for Bitcoin's prospects, considering the influence of seasonal factors, the market may experience a period of adjustment in the short term. These cyclical fluctuations provide investors with an opportunity to reassess their strategies, while also highlighting the complexity and unpredictability of the Crypto Assets market.

In this case, investors may need to be more cautious and closely monitor market trends and various key economic indicators. At the same time, this may also be a good opportunity to accumulate knowledge and research project fundamentals in preparation for future market opportunities.
BTC-2.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Share
Comment
0/400
wrekt_but_learningvip
· 07-30 16:52
Have been observing for a year.
View OriginalReply0
TokenRationEatervip
· 07-30 09:26
Don't be a gambling dog, do you understand?
View OriginalReply0
MEVHuntervip
· 07-30 05:09
Observe and wait for the best opportunity
View OriginalReply0
WalletInspectorvip
· 07-28 08:51
Be careful in August.
View OriginalReply0
OnlyOnMainnetvip
· 07-28 08:50
Waiting for August to reveal the truth.
View OriginalReply0
MEVSandwichMakervip
· 07-28 08:44
Take advantage of the fluctuation to make some moves.
View OriginalReply0
CodeSmellHuntervip
· 07-28 08:36
Wait for the right moment to take action.
View OriginalReply0
0xLuckboxvip
· 07-28 08:31
Let's wait for the White House to speak before discussing it.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)