Recently, the crypto assets market has experienced a dramatic shift in sentiment. After Powell delivered a speech that was interpreted by the market as dovish, the cloud that had previously hung over the market quickly dissipated, replaced by an atmosphere of optimism.



The total market capitalization of Crypto Assets has regained the $40 trillion mark, and the market sentiment indicator has quickly risen from the 'fear' range to 'greed' levels. This intense emotional fluctuation is reminiscent of the excitement after a weekend celebration, raising concerns about whether it will trigger a subsequent 'hangover' effect.

As a market barometer, Bitcoin's price has surpassed the $117,000 mark and is approaching its historical high. However, the relative calm in trading volume seems to suggest that this surge may lack sustained momentum.

Although the market is generally jubilant, rational analysis remains essential. In the short term, overheated market sentiment may lead to sharp fluctuations. Investors need to stay alert and be wary of potential pullback risks.

Overall, although the current market shows a strong upward trend, its sustainability remains to be seen. While enjoying the joy brought by the market's recovery, it is particularly important to maintain caution and rationality. After all, in the Crypto Assets market, the ebb and flow of emotions often come quickly and leave just as fast.
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CommunityWorkervip
· 11h ago
Headstrong increase the position
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ConfusedWhalevip
· 23h ago
The market is to da moon, right? Why not enter a position quickly?
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ChainBrainvip
· 08-23 23:48
Carnival? Not a chance. If you can't play, then don't play.
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DataPickledFishvip
· 08-23 23:42
Cut Loss entered a position. Will it rise tomorrow?
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BugBountyHuntervip
· 08-23 23:33
Wow, I just made a killing as soon as I entered the market.
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