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Recently, the crypto assets market has shown a positive trend, with Bitcoin breaking through the 116,000 mark, releasing favourable information from multiple aspects. This breakthrough not only means that previously trapped investors have gained relief but also injects new vitality into the entire market.
As the market leader, Ethereum has first shown strong upward momentum, driving overall market sentiment. It is worth noting that during this round of increases, many retail investors suffered losses or were forced to close positions due to holding shorter positions.
The optimistic sentiment in the market also stems from macroeconomic expectations. According to analysis, the probability of an interest rate cut in September is as high as 90%, and this potential Favourable Information provides strong support for the market this month, significantly reducing the likelihood of a sharp decline.
Currently, we may be in the initial stage of what's called the 'altcoin season'. During this phase, investors should closely monitor those Crypto Assets that have not experienced significant increases over the past three years but still rank among the top 50 by market capitalization. Litecoin (LTC) and Ethereum Classic (ETC) are representative examples worth paying attention to.
However, investors still need to be cautious, closely monitor market trends, and manage risks effectively. The Crypto Assets market is constantly changing; although there is currently an upward trend, future movements remain uncertain. When making investment decisions, all factors should be considered comprehensively, and market fluctuations should be viewed rationally.