#加密货币技术分析# This wave of market trends has indeed made me alert. Bitcoin entered a cooling period after hitting a new high, with the bullish index dropping from 80 to 60. Although it is still in the bullish range, the momentum is clearly weakening. I have experienced too many rises and falls, and I know very well that this is the easiest time to be played for a sucker.

Now is the peak time for taking profits, and with trading activity typically slower in the summer, we must be more cautious about the subsequent trends. If prices continue to weaken and the bullish index falls below 40, then we really need to be careful, as it might officially enter a bear market.

My suggestion is: stay calm, do not blindly chase highs or panic sell. Keep a close watch on the Federal Reserve meeting in September, as interest rate cuts may become a new catalyst. However, don't have too high expectations for this, as market expectations often react in advance. In short, remain vigilant, manage risks well, and don't let short-term fluctuations confuse your vision.