The market has been very active recently!
Mainly affected by several factors:
1. MicroStrategy purchased 1.11 billion worth of Bitcoin in the past month,
2. ETF fund inflows, plus the probability of a rate cut in September rose to 41%.
The rise in recent days is mainly driven by the expectation of a rate cut, which is still 4 days away.
During this period, it is recommended to only trade in short-term and avoid large-scale operations to prevent a deep correction after the interest rate cut is realized.
