On August 28th, BTC Markets crypto analyst Rachael Lucas said, "The decline in the crypto market today is not due to a single catalyst, but seems to be a comprehensive effect of multiple factors. Technical indicators show that the USD index (DXY) is oversold on the daily chart, which could indicate a possible rebound in the USD, traditionally leading to downward pressure on risk assets such as cryptocurrencies." Lucas added that seasonal factors may be related to the market downturn. The "September effect" often results in poor market performance due to portfolio rebalancing, tax loss harvesting, and increased cautious sentiment before the US presidential election.
分析：加密市场在“9月效应”等多种因素综合作用下下跌
Analysis: The cryptocurrency market is falling due to a combination of factors such as the "September effect".
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