PANews reported on August 13 that trader Eugene Ng Ah Sio posted on the X platform that the current price trend of the crypto market is similar to that in March 2022 or August 2023. He reminded that investors should carefully choose the direction they are optimistic about. Based on Bitcoin's historical price data, Bitcoin rebounded to a local high below the top in March 2022, and then continued to fall in the following months; in August 2023, Bitcoin fell rapidly in mid-month, and then continued to rise after a brief sideways consolidation until it hit a record high.