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The crypto assets market is at a critical moment. If Bitcoin cannot hold the $110,000 mark, Ether may also fall below the $3,300 mark, which will have a serious impact on the market. Although most investors are optimistic about a rate cut in September, in fact, this expectation may be difficult to achieve.
For bullish investors, the primary task is to get through the difficult period of August. It is worth noting that important information will also be released on August 7, and given the current market situation, investors should act with caution to avoid recklessly bottom-fishing or increasing their positions.
The uncertainty in the market reminds us to remain calm and rational when making investment decisions. Although the market may continue to fluctuate in the short term, the long-term prospects for the development of the digital currency market are still worth paying attention to. Investors should closely monitor market dynamics, manage risks effectively, and also maintain patience while waiting for clearer market trends.