Recently, the Crypto Assets market experienced a brief pullback, and investors are holding their breath for the interest rate cut data to be announced tonight. Although there is a risk-averse sentiment in the market, the likelihood of abnormal data appearing is not high; it is more like investors are waiting for clear signals.

At the same time, the US stock market continues to strengthen, repeatedly hitting new highs, which is highly consistent with the expectations of interest rate cuts. The stable performance of the US stock market provides certain support for the Crypto Assets market, effectively reducing external risks.
It is worth noting that Crypto Assets are gradually becoming an important emerging asset in developed economies. With the acceleration of the compliance process, the connection between Crypto Assets and traditional financial markets is also becoming increasingly close. This trend indicates that, regardless of market fluctuations, maintaining a certain level of holdings remains a wise choice.
After two consecutive days of pullback, the short-term risks in the market have eased. However, to maintain a long-term stable upward trend, mainstream Crypto Assets like Bitcoin and Ethereum need to take the lead. In contrast, the performance of small Crypto Assets (commonly known as "altcoins") is often fleeting and difficult to sustain over the long term.
The current market rhythm is relatively reassuring. Especially after reaching a low point in the earlier period, the market has experienced a period of sideways consolidation without breaking through key support levels, which lays a foundation of confidence for the next phase of the market. At the same time, funds are flowing from small-cap Crypto Assets to mainstream coins, indicating that the previous stage of frantic speculation has come to an end.
Looking ahead, the market anticipates that mainstream Crypto Assets will solidify their position and drive the overall market to break new highs. Investors should remain vigilant, monitor the performance of mainstream coins, and seize potential investment opportunities.