With the arrival of August, investors in the crypto assets market are beginning to follow the trend of Bitcoin ( BTC ). Historical data shows that August and September are usually poor-performing months for Bitcoin. According to statistics from Lookonchain, Bitcoin has a 67% chance of experiencing a fall during these two months over the past 12 years.

Currently, the market is at a critical juncture, and investors are generally pondering: is this just a short-term correction, or will it enter a longer consolidation period?

In terms of macroeconomics, market expectations for a Federal Reserve rate cut in September are rising. CME data shows that the probability of a 25 basis point cut in September has reached 89.8%, and the cumulative probability of a 50 basis point cut in October exceeds 50%. The weak performance of the U.S. labor market may accelerate the Fed's rate cut process, which theoretically should have a positive impact on risk assets, including Crypto Assets.

From a technical analysis perspective, investment firm DragonFly pointed out that Bitcoin is currently forming a flag pattern. The market may first test the upper liquidity and then explore the lower liquidity area. It is worth noting that there is also the possibility of directly moving upward without touching the bottom liquidity.

Despite the uncertainty of short-term market trends, many investors remain optimistic about the future of Bitcoin in the long term. They believe that Bitcoin has the potential to become a revolutionary financial tool and may play an important role in the future financial system.

Regardless of short-term market fluctuations, closely following the liquidity distribution and technical indicators of Bitcoin is crucial for grasping future market trends. Investors should remain vigilant, manage risks well, and not overlook the long-term investment opportunities that Bitcoin may bring.