As August is coming to an end, the monthly line is also about to close, and the current market correction is basically in place.
For September, I have the following two predictions:
If the Fed cuts interest rates in September: global capital may flow back, the industry will recover, and the cryptocurrency market may start a bull market.
If the Fed maintains high interest rates: the market may continue to fluctuate in September, and the bull market may not start until October.
Regardless of the Fed's decision, this year's bull market will not be greatly affected.
Investors who hold chips can continue to hold, while investors waiting for the bottom can gradually build positions at low points.