Recently, the crypto assets market has been dominated by discussions about the Fed potentially lowering interest rates, which has sparked optimism among investors. However, this widespread optimistic outlook may conceal potential risks.



The latest report from the crypto analysis platform Santiment points out that discussions on social media regarding the Fed, interest rates, and rate cuts have reached their highest level in 11 months. This 'buy the rumor, sell the news' mentality may pose significant risks to investors.

In the report, analysts emphasized the extraordinary resilience exhibited by the Crypto Assets market. Particularly after Fed Chairman Powell made dovish remarks at the Jackson Hole conference, Ethereum performed exceptionally well, driving the entire market upward. The strong performance of Ethereum's price has filled the market with expectations, believing that this could be the beginning of a historic breakthrough.

Meanwhile, Bitcoin is consolidating around $117,000, trying to break through the key resistance level of $120,000. Despite the overall positive market performance, Santiment's social sentiment data indicates that investors may need to remain cautious.

Although the current market sentiment is high, excessive optimism may lead investors to overlook potential risks. Experts recommend that when making investment decisions, one should comprehensively consider market factors and not base decisions solely on expectations of interest rate cuts.

Overall, while the Fed's interest rate cut expectations have driven optimism in the Crypto Assets market, investors still need to proceed with caution, weighing the potential risks and rewards. The future direction of the market may be more complex and uncertain than anticipated.
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SchrodingersFOMOvip
· 08-24 16:50
Suckers are scared when it rises and still want to buy the dip when it falls.
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MEV_Whisperervip
· 08-24 16:46
It's another round of speculation, right?
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rug_connoisseurvip
· 08-24 16:32
Whose suckers are not being harvested?
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