The crypto assets market has once again fallen into turmoil, with the price of Bitcoin (BTC) breaking below the 110,000 yuan mark, triggering widespread attention from investors. The market's panic sentiment has significantly risen, with the fear and greed index plummeting to 29, reflecting a generally cautious attitude among investors.

Looking back at the last long-term bear market, multiple factors combined to cause the BTC price to fall to a low of $75,000. At that time, the positive effects following Trump's inauguration had faded, coupled with tightened tariff policies, exchange security incidents, geopolitical conflicts, and outflows of ETF funds, all of which suppressed the price of Bitcoin. It was not until the easing of Sino-U.S. trade relations and the Federal Reserve signaled interest rate cuts that institutional funds entered the market on a large scale, pushing BTC to break historical highs.

The current market situation is similar yet different from the past. Although the interest rate cut policy has been implemented, it has not brought the expected boost to the Crypto Assets market. Instead, investment funds seem to favor traditional assets such as gold, US stocks, and even A-shares, leading to weakness in the Crypto Assets market, and the rebound of altcoins is also difficult to sustain.

From a technical analysis perspective, the BTC daily chart pattern is unstable. Combined with sentiment indicators, the market may not have reached its bottom yet. Analysts suggest that waiting for the fear and greed index to drop below 20 may be a better staggered entry opportunity.

Currently, the market generally expects the target prices for this round of adjustment to be: Bitcoin (BTC) at $105,000, Ethereum (ETH) at $3,500, Solana (SOL) at $170, and Dogecoin (DOGE) near $0.2.

In the face of the current market environment, investors need to remain calm, closely follow market trends and the global economic situation, rationally view short-term fluctuations, and manage risks effectively. At the same time, they should keep an eye on the long-term development of Crypto Assets, as investment opportunities may arise when market sentiment is extremely pessimistic.