The latest remarks from Fed Chairman Powell have triggered market fluctuations. He stated that the outlook for interest rate cuts in December is still unclear, and there are differences in policy direction, which immediately stirred ripples in the crypto assets market.

The market reacted sensitively to this news, and risk aversion quickly intensified. The price of Bitcoin fell below the $110,000 mark, while Ethereum also dropped to below $3,900, and other major crypto assets similarly faced short-term pressure.

From a technical perspective, this pullback can be seen as a normal adjustment after the previous sustained rise. If Bitcoin can stabilize in the range of $108,000 to $110,000, the mid-term upward trend is likely to be maintained; however, if it falls below this range, it may trigger a larger scale of capital outflow. In the short term, investors may shift their focus to more volatile sectors, but the overall market is expected to continue with a consolidation pattern.

For investors, it is not advisable to blindly chase higher prices at this time. It is recommended to closely monitor Bitcoin's support performance around $108,000. For mainstream Crypto Assets like Ethereum, Binance Coin, and Solana, it is advised to wait for the market to stabilize before considering buying on dips.

It is worth noting that there are still many uncertain factors in the macro policy environment, and market fluctuations may intensify. Investors should be cautious, reasonably control their positions, and set stop-loss orders to reduce potential risks.