The current cryptocurrency market shows obvious signs of weakness. The price trends of mainstream digital assets seem to have reached a short-term peak, and the upward momentum has significantly slowed. The market's expectations for the so-called 'altcoin season' may need to cool down, as it is difficult for such a situation to occur in the current environment.

Recent market expectations for interest rate cuts have largely been digested, and a potential rate cut in September may likely signal the nearing end of this bull market. Investors should remain vigilant and consider taking profits at the appropriate time. Regardless of whether the current projects held are profitable or at a loss, it is essential to carefully assess whether it is time to exit.

It is worth noting that market cycle transitions can lead to significant price corrections. In a bear market environment, even quality projects may face substantial downside risks. Investors need to be psychologically prepared, as the harshness of the market may exceed many people's expectations.

In this market environment, it is crucial to remain calm and rational. Diversifying your investment portfolio, setting stop-loss points, and maintaining continuous attention to the market are all wise strategies. At the same time, it is important to recognize that the market is always cyclical, and the current downturn may also lay the groundwork for future opportunities.