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The latest analysis of the Crypto Assets market shows that the Bitcoin price has undergone a period of slow rise and is currently consolidating sideways near a key price level. After reaching a high of around $115,700, the Bitcoin price has retreated and is now hovering around the $115,000 region. From a technical perspective, there is clear short-term resistance, and the current price pattern exhibits a double top characteristic, which is often seen as a potential bearish signal. On the hourly chart, there have been five consecutive bearish candles, indicating that downside pressure is accumulating. Nevertheless, bullish forces are still trying to rebound, but currently show a certain degree of fatigue. Given the current market situation, investors may need to adjust their strategies. For traders looking to build positions, it may not be wise to add long positions at the current high levels. Instead, adopting a cautious approach and closely monitoring the range of $115,200 to $115,600 may be more appropriate, as this could become a potential shorting opportunity. If the short-selling pressure continues to increase, we may see the Bitcoin price pull back to the range of $113,500 to $112,500. However, investors should always pay attention to market trends, as the volatility of the Crypto Assets market often brings unexpected changes. Overall, the current market situation reminds investors to remain vigilant, operate cautiously, and always pay attention to various factors that may influence the price trend of Bitcoin. Whether choosing to wait and see or participate in trading, decisions should be made based on comprehensive market analysis and individual risk tolerance.

Recently, a series of actions by the world's largest asset management company BlackRock has attracted attention in the Crypto Assets market. Observations indicate that BlackRock's ETF products are transferring large amounts of Bitcoin (BTC) and Ethereum (ETH) to the Coinbase exchange, an action interpreted by the market as a potential signal for large-scale dumping. Does this trend indicate that the market is about to enter a correction period? Analysts believe that this fluctuation may differ from the usual consolidation and is rather a relatively sustained pullback phase. This volatility is expected to last for about a month, during which the market may experience frequent ups and downs. In the face of such a market environment, how should investors respond? Experts suggest that the primary task is to strictly control positions and set reasonable stop-loss levels. At the same time, one should remain vigilant and be ready to seize the opportunities for high selling and low buying. It is worth noting that market participants are closely following the potential bottom that may appear in late August. If a good bottom support is indeed formed, it will provide investors with a relatively low-risk entry opportunity. In the long run, many investors still have expectations for a bull market that may arrive in 2025. They believe that patiently waiting may yield substantial returns during future market peaks. However, it is important to remind that the crypto assets market has always been highly volatile. Investors should fully assess the risks before making any decisions and develop suitable strategies based on their own risk tolerance and investment goals.

At the age of 38, I boldly ventured into the Crypto Assets trading field with 60,000 yuan in startup capital. After six years of struggles and trials, I finally crossed the threshold of 10 million in assets. This journey has made me deeply realize that there is no shortcut to success. Mastering any skill requires a significant investment of time and energy. I spend 8 hours a day reviewing trades, fully dedicating myself for over 200 days a year. After five years of effort, I have only just begun to stand on the edge of profitability. Throughout my ten-year trading career, market risks have always been ever-present. Therefore, protecting the principal has become a crucial survival rule—never invest more than you can afford. In this rapidly changing market, many people are fleeting, and a bear market can lead to a complete collapse. In the face of significant market fluctuations, human weaknesses often become apparent. We must realize that we cannot change the market or others; the only thing we can control is ourselves. Losses are not shameful; what is truly shameful is refusing to learn and change. The market only cares about your account curve and does not pay attention to your regrets and tears. Since you have chosen this industry, you must persevere to the end, no matter how difficult the road may be. Before each trade, I always ask myself: Do I truly understand this opportunity? Is my logic sufficient? Is the stop loss set reasonably? Can I bear the possible losses? Only by abandoning the luck mindset and unrealistic fantasies, sticking to operations within my understanding, and clearly recognizing my limits, can I become a qualified investor. Over the years, the insights I have gained through hard work are: decisively cut losses when wrong, and firmly hold on when right. As long as you are determined to change, now is the best time to start. In this world of Crypto Assets filled with opportunities and challenges, maintaining an attitude of learning, adapting, and growing is essential to finding a foothold amidst the fluctuations, ultimately achieving wealth accumulation and personal growth.

#Crypto IPO Surge# Is altcoin season over before it even began? The crypto market is awash in red. Despite signals of an altcoin season, Solana, XRP, and Dogecoin all fell. Have investors taken profits? The failure of altcoins to rally after Bitcoin's recent drop to $112,000 has sparked debate about whether an altcoin season is imminent. Bitcoin BTC briefly fell to $112,044 on Sunday, then fluctuated for a few days before reaching $114,990. This decline comes just weeks after the cryptocurrency reached a new all-time high of $123,100 on July 14. Speculative appetite is declining in the crypto market. Several major altcoins have also experienced declines over the past week. Solana SOL has fallen 9.45 percent in the last seven days, XRP has fallen 5.48 percent, and Dogecoin DOGE has fallen 10.80 percent. These declines occurred despite signals that historically precede altcoin rallies. In the last 30 days, Bitcoin dominance has fallen by almost 5.5 percent, while Ether has risen by 40 percent. This suggests that investors may be shifting to riskier assets. A period of consolidation may be in the offing. However, the simultaneous decline in altcoins could indicate that investors are taking profits rather than taking on more risk. “This capitulation in altcoins, alongside the weakness in Bitcoin, suggests a general decline in speculative appetite,” the analysts said, adding: The OTHERS index, which tracks the broad altcoin market outside the top 10 coins by market capitalization, has also declined by 18.7% over the past 10 days before recovering slightly. This suggests rapid risk reduction in high-beta segments of the market. Continued hope for an altcoin rally. Not all analysts are convinced that altcoin season is off the table. “This is your best opportunity to accumulate viable altcoins before the parabolic rally,” wrote crypto analyst Ted. “Altcoins are poised for a sharp breakout,” he said, adding, “Once this arc is released… the game is on,” and pointing out that the altcoin season chart pattern resembles the upward trends seen after correction phases in previous years. On July 21st, the Altcoin Season Index signaled an “Altcoin Season” with a score of 55 out of 100. In Tuesday’s update, the score dropped to 40 out of 100, reverting to a “Bitcoin Season.” #Bitcoin Hashrate New High#