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The current trend of the Crypto Assets market has attracted widespread follow. According to market observations, we can roughly divide the recent market conditions into three stages:
First of all, the market is showing a sluggish trend during this week from Thursday to Friday. The selling behavior of a large number of main investors has led to market fluctuations, and there may even be a situation of sideways consolidation.
Secondly, Friday coincides with the Jackson Hole annual conference. This important meeting may trigger significant market volatility, with prices potentially experiencing large fluctuations. Although this could bring trading opportunities, it also carries a higher risk.
Finally, in the long run, after the Jackson Hole annual meeting, the market may迎来新的转机. In particular, with the withdrawal of approximately 9.1 billion ether, new funds are expected to enter the market, which may signal the beginning of a market rebound. Therefore, the current period may be a relatively good low-price buying opportunity.
Crypto Assets worth following continuously include CFX, ENA, SOL, XRP, DOGE, OM, SUI, and TRX. These coins may perform to varying degrees in the future.
It is important to note that the Crypto Assets market carries high risks, and investors should act cautiously and manage risks effectively. At the same time, closely follow market dynamics and significant events, such as changes in Federal Reserve policies, as these factors can have a significant impact on the market.