The crypto assets market has welcomed significant favourable information as the United States officially allows pension funds to invest in crypto assets, which has immediately triggered a market reaction. Ethereum (ETH), as one of the mainstream crypto assets, saw a substantial rise in price.

This afternoon, the price of ETH broke through the $3900 mark, and the market reacted quickly. Some investors seized this favorable opportunity to successfully sell 6.22 ETH at a price of $3912, achieving good returns.

It is worth noting that due to the previous market downturn, the ETH held by many investors has struggled to break through the $4000 mark. This price increase has provided them with an opportunity to cash out.

However, the crypto assets market does not exist in isolation. Recently, influenced by the Federal Reserve's interest rate hikes, the prices of various high-risk investment items, including Rolex watches, have fallen. However, market analysts predict that if the Federal Reserve begins to cut interest rates in September, these high-risk assets may迎来一波 pump.

Many investors have high expectations for the market performance in the fourth quarter of this year, believing that September to December could be a window period for significant asset price rises. Of course, this prediction still carries uncertainty, and investors need to make cautious decisions.

Overall, the approval for U.S. pension funds to invest in Crypto Assets is an important signal indicating that encryption is gradually gaining recognition from traditional financial institutions. This could bring more institutional funds into the crypto currency market, driving further development of the industry. However, investors should also be aware that the crypto currency market is highly volatile, and investments should be made with caution.