Recently, the fluctuation in the crypto assets market has attracted the attention of investors. The latest views expressed by David Duong, head of institutional research at Coinbase, have sparked widespread discussion. He believes that the market direction in September will become clearer and pointed out that the current fall in Bitcoin prices may merely be a risk-averse measure taken by investors before the funds flow back into the US Treasury account (TGA).



This viewpoint seems aimed at stabilizing market sentiment. Although the Jackson Hole meeting and the Producer Price Index ( PPI ) data have had some impact on interest rate cut expectations, Duong's analysis raises hopes for a possible market rebound in September. It is worth noting that the Bank of Indonesia also predicts that the Federal Reserve may cut rates twice in the second half of the year, further reinforcing market expectations for easing policies.

For investors, the current adjustment period of Bitcoin may provide a buying opportunity. Several strategy analysts believe that the recent pullback is mainly due to profit-taking. However, investors are advised to closely follow the important meetings next week. At the same time, Ethereum (ETH) may experience a bullish trend first, but it is not recommended to invest all funds in it in the short term.

Overall, although there is still uncertainty in the market in the short term, multiple signs indicate that the crypto assets market may be preparing for a potential rebound. Investors should remain vigilant, weigh risks against opportunities, and develop reasonable investment strategies.
BTC-2.07%
ETH-5.88%
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FalseProfitProphetvip
· 15h ago
Laughing to death, drawing BTC again.
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ThatsNotARugPullvip
· 15h ago
Who believes it? A bunch of experts predict it all as a short.
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BlockchainFoodievip
· 15h ago
tastes like a classic market correction... just like when you're reducing a rich sauce to concentrate the flavors tbh
Reply0
GateUser-afe07a92vip
· 15h ago
It's okay, we can To da moon in September.
View OriginalReply0
TokenSleuthvip
· 15h ago
Whether September can break through the new high depends on fate.
View OriginalReply0
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