Recently, the Crypto Assets market experienced a brief period of fear, with the Fear and Greed Index (FGI) dropping to 45 before rebounding to 50, returning to neutral levels. Market participants are showing a cautious attitude towards Powell's upcoming speech in Jackson Hole.



After the release of the Federal Open Market Committee ( FOMC ) meeting minutes, the market experienced volatility. However, renowned analyst Tom Lee stated that Bitcoin ( BTC ) and Ethereum ( ETH ) may have already reached their bottom. On Friday, the stock market also showed an upward trend. Combined with the latest weak non-farm payroll data, the probability of a rate cut in September has risen to 75%, and these factors seem to indicate that the market may be on the verge of a rebound.

It is worth noting that the recent market liquidation scale has exceeded $1 billion, indicating that many investors have suffered losses. However, the options market is leaning bullish, and market sentiment is relatively positive in the short term. For investors seeking opportunities, this may be a good time to accumulate mainstream Crypto Assets such as ETH and BTC.

However, market participants need to remain vigilant and closely monitor various economic indicators and policy signals to timely adjust their investment strategies. The volatility of the Crypto Assets market remains high, and investors should fully consider risk factors when making decisions.
BTC-1.24%
ETH-1.71%
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TheMemefathervip
· 08-22 13:51
The current dip is an opportunity.
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MissedTheBoatvip
· 08-22 13:51
I will continue to observe this wave.
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WalletDetectivevip
· 08-22 13:35
The bull has started to stumble again.
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