The crypto assets market has recently undergone a round of adjustments, with Bitcoin prices experiencing a significant fall. According to market data, the price of Bitcoin has dropped to $112,656, nearing the important support level of $112,000 since early August. This price level is approximately 8.5% lower than last week's high of $124,000.



This adjustment has not only affected Bitcoin, but the entire crypto assets market has also been impacted. The total market value of crypto assets has fallen below the 4 trillion dollar mark, reaching its lowest level in nearly two weeks. This trend reflects a change in investor sentiment.

The market sentiment indicator also corroborates this. The "Fear and Greed Index" of Bitcoin has dropped to 44, indicating that the market is in a state of "fear," which is the lowest level since the end of June. The decline in this indicator suggests that investors are becoming more cautious and their confidence in the short-term market trend has wavered.

Nevertheless, many analysts remain optimistic about the Crypto Assets market in the long term. They believe that the current pullback may provide a good entry opportunity for long-term investors. However, considering the market's high volatility, investors should remain cautious when making decisions and fully consider the risks.

As the uncertainty of the global macroeconomic environment continues, the future trends of the crypto assets market still have many variables. Investors need to closely monitor various influencing factors, including changes in regulatory policies, the attitudes of institutional investors, and fluctuations in traditional financial markets, in order to make more informed investment decisions.
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InfraVibesvip
· 08-20 07:51
As long as the coin in hand is still there, it's a win.
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failed_dev_successful_apevip
· 08-20 07:49
It's time to buy the dip again.
View OriginalReply0
BearMarketSunriservip
· 08-20 07:48
Actually, what we are waiting for is this pullback.
View OriginalReply0
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