The Crypto Assets market experienced a slight adjustment today, with some projects that had a strong rise earlier showing significant pullbacks. Let us analyze the current market situation together and discuss potential opportunities and risks that may arise in the future.

The latest round of interest rate meetings by the Federal Reserve is about to begin, with results to be announced at dawn the day after tomorrow. The market generally expects a 25 basis point rate cut, with a probability exceeding 90%. This expectation has already been reflected in recent market conditions, and unless there is an unexpected 50 basis point cut, the market is unlikely to experience significant fluctuations.

It is worth noting that the current US dollar interest rates are still relatively high, and this round of interest rate cuts may have only completed about half of the process. Although there are views suggesting that this might break the four-year cycle规律 of Crypto Assets, I believe that it is still more prudent to formulate strategies based on the four-year cycle as a benchmark in the second half of the year. Especially given the current trend, the market may experience more frenzied行情 in October.

If mainstream coins rise significantly again, with Bitcoin breaking through $140,000 and Ethereum exceeding $6,000 or even higher, early investors who built positions at low levels may consider taking moderate profits. However, we must also be wary of the "eternal bull market" rhetoric that often appears at the peak of a bull market. On the contrary, this is precisely a good time to prepare for a potential bear market in the future. Personally, I believe that the crypto assets market has not yet reached a mature stage capable of sustaining a slow bull market.

Today in the market performance, after yesterday's rise, there has been a slight pullback. Bitcoin remains stable above $115,000, while Ethereum has dropped below $4,600, but overall performance still remains relatively stable. Such fluctuations are normal in the current market environment, and investors need to stay rational and focus on long-term trends rather than short-term fluctuations.