Observing the recent Crypto Assets market, investors' attitudes towards interest rate policies have shown an interesting change.

In the first half of 2022, the market was relatively optimistic about interest rate hikes, with many citing the experience of 2017, believing that rate hikes would not affect the bull market. However, as the end of the year approached, this optimism began to waver, and investors started to doubt that interest rate hikes could have negative effects.

As we entered 2023, market sentiment experienced a reversal once again. In the first half of the year, despite still being in an interest rate hike cycle, the price of Bitcoin saw an increase. This upward trend continued until mid-year. However, starting in the third quarter, even though the interest rate hike policy remained unchanged, the price of Bitcoin began to decline, leaving many investors confused.

Now, with the arrival of the fourth quarter of 2023, the market seems to be concerned again about the interest rate hike policy. Many investors express a pessimistic outlook on the market performance in the fourth quarter.

This fickle market sentiment reflects the challenges that Crypto Assets investors face. It reminds us that market trends are influenced not only by macroeconomic policies but also closely related to multiple factors such as investor psychology, technological developments, and regulatory environments.

In this complex and ever-changing environment, investors need to remain calm and rational, continuously monitor market dynamics, while also recognizing that short-term market sentiment may not align with long-term trends. For Crypto Assets investment, a longer-term perspective and more comprehensive analysis may be required.