In the Crypto Assets market, significant events are often accompanied by price falls. Wise investors tend to adopt hedging strategies during these critical moments, waiting to get on board again after the events. Powell's speech this Friday will be a key factor affecting the market direction.

Currently, technical analysis does not show a clear bottom signal; instead, it presents signs of a possible peak. The weekly K-line chart is also not very optimistic. Although Bitcoin once reached a high of 118,500, it failed to maintain the upward trend, reminding investors to act with caution.

However, starting this Thursday, the market may welcome an opportunity for an increase. It is recommended that investors observe the market's pullback and stabilization over the next two days, and gradually close their short positions. Subsequently, it may be considered to establish a trend-following long position, as Bitcoin is expected to reach new highs.

It is worth noting that the market trends are complex and changeable, and investors should always remain vigilant and manage risks well. At the same time, attention should also be paid to changes in the global economic situation and regulatory policies, as these factors may have a significant impact on the Crypto Assets market.

Overall, the market may face some pressure in the short term, but there is still potential for an increase in the medium to long term. Investors should formulate appropriate trading strategies based on their own risk tolerance and investment goals.