Looking back at my previous predictions for the third quarter, I initially expected a significant pullback. However, with the introduction of legislation related to Crypto Assets, this prediction needs to be reassessed.

Currently, all the negative news in the market seems unable to offset the positive impact brought by the legislation in the long run. Cryptocurrency legislation means that new investors from around the world will gradually enter the market. The only risk factor that could trigger a deep bear market is the unresolved U.S. debt issue, which could lead to a crisis in the U.S. economy.

It is currently difficult to make an accurate judgment on the trend of Bitcoin. As for Ethereum, I expect its price to break through the 4000 USD barrier. The current market may be experiencing a phase of pullback and consolidation.

The Crypto Assets market is undergoing a critical turning point. The introduction of the bill has injected new vitality into the market, but at the same time, we must remain vigilant about potential economic risks. Investors should closely monitor market trends and weigh potential opportunities against risks.

In addition, it is worth noting that the tokenization of real-world assets (RWA) is becoming a new hotspot in the market, and the Ethereum ecosystem is also showing strong development momentum. These trends may bring new growth momentum to the Crypto Assets market.