The crypto assets market has recently shown two completely different viewpoints. One group of investors holds a pessimistic attitude, believing that the weekly structure of Bitcoin (BTC), especially its similarity to the weekly top divergence pattern from the top in 2021, may indicate that we are approaching a historic high, after which we are likely to enter a bear market phase.

Another group holds an optimistic attitude, believing that the macroeconomic environment is improving. They expect the Federal Reserve to possibly cut interest rates in September, which will inject liquidity into the market. These investors anticipate a comprehensive market rise in August and September, with capital inflows and investor sentiment continuing to heat up, potentially even triggering a strong bull market.

However, after a thorough analysis of the market, the author believes that the current bull market has not yet ended. It is worth noting that Ethereum (ETH) has not yet broken its historical high, which may indicate that there is still room for the market to rise. But this does not mean that the market will rise steadily without any adjustments. In fact, there is a high likelihood that the market will experience a phase adjustment between the end of August and September. This adjustment may cool down the overheated market sentiment while also serving to shake out weak hands.

Overall, the future trends of the crypto assets market remain uncertain. Investors should closely monitor market movements and weigh various factors including technical analysis, macroeconomic environment, regulatory policies, etc., to make rational investment decisions. At the same time, it is important to keep in mind the high-risk characteristics of the crypto assets market, invest moderately, and control risks.