Mike Novogratz：加密市场低迷属正常调整，年底美联储或迎更鸽派主席

Core Insights - The cryptocurrency market is currently experiencing a downturn, with many long-term holders adjusting their asset allocations to diversify and reduce concentrated positions [1] - While diversification is beneficial for market development in the medium to long term, it is putting short-term pressure on prices [1] - The market has not yet reached cyclical highs, and the potential appointment of a new Federal Reserve chairman by the end of the year could introduce a more dovish stance, which may stimulate the next round of price increases [1]