Recently, the price of Bitcoin has experienced a pullback, attracting market follow. However, this fluctuation is actually the norm in the Crypto Assets market, and investors do not need to panic excessively. In fact, periodic adjustments often lay the groundwork for a future big pump.

The current BTC price decline is mainly influenced by three major factors:

First of all, there is uncertainty regarding the direction of the Federal Reserve's policy. Although the market generally expects a rate cut in the September meeting, the dismissal of Governor Cook may change the voting landscape, leaving investors confused about future monetary policy and potentially triggering a sell-off of risk assets.

Secondly, the expectation of interest rate cuts paradoxically leads to capital outflows. Although the poor non-farm employment data in the U.S. in August strengthened expectations for rate cuts, it instead prompted investors to shift their funds from high-risk Crypto Assets to more liquid traditional assets.

Finally, market sentiment is fragile. The crypto assets market is inherently highly volatile and is extremely sensitive to macroeconomic and policy changes. The current unclear economic outlook further exacerbates investors' insecurity, making panic selling more likely.

Although the market may continue to fluctuate in the short term, Bitcoin's status as a digital asset remains solid in the long run. Investors should remain rational, follow the fundamentals, and seize potential investment opportunities. After all, as the market adage goes, 'bull markets are born out of despair'.