Today, the Crypto Assets market experienced significant Fluctuation, rising sharply before subsequently falling, resulting in considerable losses for many investors. This phenomenon may stem from two reasons:

Firstly, it could be a market manipulation strategy adopted by large capital players. By rapidly rising and falling, they wash out some investors in preparation for the possible upcoming interest rate cut cycle, intending to push the market to new highs.

Secondly, the market may be at a balance point of bullish and bearish forces. Both sides are evenly matched, with strong support and resistance causing prices to fluctuate only within a specific range. Once one side breaks through, the market will continue to move in the direction of the breakthrough.

From a macro perspective, the policy environment is generally supportive of blockchain. The previous large-scale monetary easing policy had pushed the market to new highs. Recently, there are signs of quantitative easing, which may recreate the previous rising momentum.

On the technical side, the market currently shows signs of both correction and potential reversal, leading to an increase in divergence between the bulls and bears. The strong rise last week should theoretically have seen some correction, but this round of significant increase has broken new highs, and panic sentiment can also be observed from the queue of those exiting staking.

In situations where the trend is unclear, cautious operation may be a wise choice. For investors who prefer right-side trading and long-term strategies, they may choose to wait and see temporarily if the previous high points have not been broken.

Overall, the current market situation is complex, and investors need to closely monitor various factors, make prudent decisions, and control risks.