#加密货币市场分析# Looking back at this week's market dynamics, it reminds me of the period at the end of 2015. At that time, Bitcoin had just experienced its first Halving, and the market was in a wait-and-see state. Now, the Fed has restarted its rate cut cycle, but it hasn't brought the expected pump to Bitcoin. BTC is down 0.03%, which is in stark contrast to that year.

This difference may reflect the maturity of the market. Seven years ago, any positive news could spark a frenzy. Today, investors are more rational and no longer blindly chase after hype. Long-term holders have started to take profits, selling off 25149 BTC, indicating their cautious outlook on future trends.

However, I think it's still too early to draw conclusions. History tells us that Bitcoin's cycles often peak in September to December. But this time, will it break the norm? After all, institutional funds are continuously pouring in, with $7.107 billion flowing into the crypto market just this week.

The key lies in whether the market can absorb the current selling pressure. If it can withstand the pressure, we may witness the birth of a new cyclical pattern. In any case, the next few months are sure to be exciting. As someone who has experienced multiple bull and bear markets, I advise everyone to stay patient, observe carefully, and make prudent decisions. After all, in this rapidly changing market, opportunities and risks coexist.