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Recently, the crypto assets market has experienced a fall, mainly due to the market's expectations of a possible interest rate cut by the Fed not materializing. Although there were no interest rate cuts this week, experts believe that the possibility of a rate cut in September remains high.
Despite recent fluctuations, Bitcoin remains in an overall bull market pattern. There have not yet been any obvious bear market signals, and the possibility of continued increases in the future still exists.
However, it is worth noting that the correlation between various Crypto Assets is gradually weakening. Only those 'stock coins' that are supported by funds from the US stock market and have strong capital control behind them may continue to follow Bitcoin's trend. For most other Crypto Assets, once Bitcoin pulls back, they may face a more significant fall.
In the current market environment, accurately selecting investment targets has become particularly important. We are in the late stage of a bull market, which mainly tests investors' vision. If the choice is inappropriate, even in an overall bull market, one may miss the opportunity for appreciation.
Therefore, investors need to evaluate the potential and future development prospects of various Crypto Assets more cautiously, avoiding blindly following market trends. In this rapidly changing market, in-depth research and rational judgment will become key factors for successful investment.