As an observer of the Crypto Assets market, we can't help but start thinking about the market trend after August 2025. By analyzing historical data, we find that the current market situation bears an astonishing resemblance to that of 2020, which provides us with an interesting reference point.

Unlike the bull markets of 2017 and 2021, the current market trend resembles a repeat of 2020. This summer, Bitcoin has been hovering around the 20-week moving average, but has never really touched it, a pattern that is strikingly similar to 2020.

Reviewing the market performance of 2020: After experiencing a sharp decline in the first quarter, it quickly rebounded, entering a sideways rising channel during spring and summer. In summer, it approached but did not touch the 20-week moving average multiple times. From July to August, it slowly rose and reached a high of $12,479 in mid-August. Interestingly, the current market high is exactly ten times this figure, approximately $124,000, with an astonishingly consistent trend ratio.

If the market in 2025 continues the pattern of 2020, we may see the following scenario:

Bitcoin may continue to consolidate around $120,000. There could be another attempt to break through at the end of August, with a target price between $122,000 and $125,000, but the likelihood of creating a new high is low.

Ethereum may gain momentum ahead of Bitcoin, challenging and even briefly breaking the historical high of $5,000. However, this breakthrough may be difficult to sustain, and the market could experience a correction.

It is worth noting that in September, Bitcoin may complete a pullback to the 20-week moving average, which is consistent with historical patterns.

However, we must bear in mind that the Crypto Assets market is highly volatile, and past patterns do not necessarily predict the future accurately. Factors such as the regulatory environment, technological advancements, and global economic conditions can all have a significant impact on the market. Investors should remain vigilant, manage risks appropriately, and stay updated on market developments.