The recent trends in the crypto assets market are perplexing. The recent rise is mainly due to a technical rebound after the earlier oversold conditions, but the continued strength of the US stock market and potential favourable information, such as the anticipated interest rate cuts at the end of the year, have driven Bitcoin and Ethereum to their current highs.

Market sentiment currently seems to lean towards optimism, but there are still downside risks in the short term. Recently, due to the increased probability of interest rate cuts, the market experienced a rapid rebound, recovering from previous losses. However, the expectations of interest rate cuts have largely been priced in by the market, so similar explosive rises may not occur in the coming days.

On the contrary, the market may experience a significant correction after high-level fluctuations. Bitcoin is expected to correct by about 30%, while Ethereum may correct by about 40%. This could be the last major drop, with Bitcoin potentially falling to around 90,000 USD and Ethereum possibly dropping to around 2,900 USD.

Although a correction may be faced in the short term, this could be the last opportunity for investors to enter in the long term. The market expects Bitcoin to peak around $64,000, possibly in early November.

Investors should closely monitor market trends, weighing short-term risks against long-term potential. When making investment decisions, it is essential to conduct thorough research and risk assessment, and to formulate strategies based on their risk tolerance and investment objectives.