Recently, the cryptocurrency market has experienced a significant fall, drawing widespread attention from investors. Analysis indicates that this fall is primarily due to three factors:

First of all, the market has shown signs of having exhausted positive sentiments. With the full release of interest rate cut expectations in September, some investors have chosen to take profits. At the same time, early investors in the BlackRock ETF have also begun to gradually exit to realize gains.

Secondly, political factors have also impacted the market. A series of recent actions by Trump, particularly the unprecedented move to dismiss members of the Federal Reserve, has raised concerns about the independence of the Federal Reserve, which in turn has affected the performance of the US stock market and Bitcoin.

Finally, after the launch of the Trump-related digital asset WLFI, it quickly experienced a fall, further undermining market confidence and putting pressure on Bitcoin again.

Despite the market showing a falling trend, the current price level of 109619 may present an opportunity for investors looking to enter the market in batches. However, considering the uncertainty in the market, investors should still proceed with caution and closely monitor market movements and potential risks.

In such a market environment, the trends of mainstream encryption currencies such as Bitcoin, Ethereum, and Solana will continue to be closely monitored. At the same time, news of some ancient whales continuously liquidating their positions is also worth investors' vigilance, as it may indicate the possibility of further adjustments in the market.

Overall, the current market environment is complex and variable. Investors need to remain calm, analyze various influencing factors rationally, and manage risks appropriately to cope with potential market fluctuations.