Original Author: TRACER
Translated by: Ethan, Odaily
Editor's Note: At the beginning of August, the crypto market experienced another violent fluctuation: Bitcoin weakened in the short term, Altcoins generally pulled back 20%-30%, with a single-day liquidation exceeding $1.5 billion. The main driver behind this is reportedly pointing to Trump. From new tariff policies and escalating geopolitical friction to macroeconomic data reversal and the Federal Reserve's inaction, the market is once again shrouded in FUD sentiment. Meanwhile, rumors of "Trump secretly selling crypto assets" have intensified market panic and triggered a new chain reaction. In this article, the author deconstructs macroeconomic data and capital flows, offering a different perspective from the mainstream: the short-term pullback might be an opportunity for long-term positioning, and the true "second bull market" may be brewing.
Note: The views in this article represent a clear stance and are not investment advice. Odaily reminds readers to rationally reference the analysis and make prudent decisions based on their individual circumstances.
Original Content
Market optimism dissipates, adjustment quietly arrives, Bitcoin falls 9% from its historical high, Altcoins generally pull back 20%-30%.
In early August, the market was suddenly hit by massive selling pressure, with a single-day liquidation of over $1.5 billion. The core question is: Is the cause of this decline severe? How should we respond?
... [rest of the translation follows the same professional and accurate approach]
