Regarding the trend, I am optimistic about the market after mid-August, especially September. As the saying goes, "September is golden and October is silver", September is the month of gold everywhere.

Why do I say that?

The overall market has been adjusted for about four or five months, and the price has basically fallen back from the highest point last year.

It is expected that there is a high probability of interest rate cuts in September, which is a potential expectation of interest rate cuts.

The coins held by Mtgox and the government will be digested by then, and the impact will become smaller and smaller.

Grayscale's ETF outflows have been relatively rapid recently, and the outflow will slow down after a while. Several other ETH ETFs will begin to inflow funds and exert their strength, especially ETH ETFs, which are likely to have a strong upward trend, driving the outbreak of the altcoin sector.

Hold the altcoins firmly and take a long-term view. When BTC and ETH rise to a certain height, funds will flow into the altcoin sector.

Every bull market ends with a group of altcoins dancing wildly.

This is my view on the future market.