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Recently, the crypto assets market has shown a high degree of uncertainty. The price movement of mainstream digital assets like Bitcoin (BTC) and Ethereum (ETH) has attracted widespread follow from investors. Market observers point out that we are currently at a critical breakthrough point, but whether it can sustain a pump remains in question.
If there is a bearish daily close tomorrow, the market may fall back into a consolidation period, which could last for about half a month. This complex market environment imposes higher demands on investors' judgment and psychological resilience.
It is worth noting that the U.S. Producer Price Index (PPI) for July has a year-on-year rate higher than expected, which may have a certain impact on the Crypto Assets market. At the same time, Bitcoin has once again reached a new high, further intensifying the market's volatility.
In this case, investors need to remain calm, closely monitor market movements, and manage risks effectively. For long-term investors, this could be a good time to observe the market and adjust strategies. Regardless, caution and rationality are still key to investing in such a volatile market.