Bitcoin ( BTC ) market is still highly regarded, and analysis indicates that its rise trend may not be over yet. Currently, it is expected that BTC will complete the Elliott Wave Theory upward pattern, with the final fifth wave likely to set a new high. However, there is also uncertainty in the market, and if BTC falls below the 110,000 USD mark, it could trigger a downward trend.

It is worth noting that many small cryptocurrencies have fallen to the lows of last year's bear market, with some even facing the risk of going to zero. This market differentiation highlights the importance of investors needing to carefully choose their investment targets.

At the same time, the latest economic data from the United States shows that the probability of an interest rate hike in September has risen to 90%. In the absence of a realization of interest rate cut expectations, this news may bring additional uncertainty to the market.

Despite this, the overall cryptocurrency market has shown a rebound trend recently. It is worth mentioning that the trading volume of Solana futures has reached a new high, indicating that some crypto assets still maintain a high level of activity.

For investors, the current market environment is complex and ever-changing, with both opportunities and risks. It is advisable to closely monitor market trends, rationally view short-term fluctuations, and manage risks effectively to avoid being disturbed by minor fluctuations in the market. While seizing potential opportunities, one should also be wary of possible larger adjustments.