After the severe market fluctuations triggered by Fed Chair's speech at Jackson Hole, the crypto assets market is entering a weekend digestion period. Although the most intense fluctuations have passed, the market remains turbulent and needs time to regain calm.

Currently, market participants are looking for new directions, but the low liquidity over the weekend may complicate this process. With no significant macroeconomic data releases or central bank meetings, market focus may shift from fundamentals to technical analysis. However, the sluggish trading volume may amplify the noise on the charts, increasing the difficulty of analysis.

The speech of the Fed chairman was interpreted by the market as neither a clear hawkish nor a distinct dovish stance. This ambiguity has led the market into a new, broader consolidation range to digest this uncertainty.

In this environment, some altcoins with independent narratives may try to break out of their own trends over the weekend. This is because the lack of clear hawkish signals in the Fed chair's speech may provide some breathing room for altcoins.

From the on-chain and derivatives data, last night's Fluctuation has already liquidated a portion of leveraged long and short positions, and the current market positions are relatively healthy. The funding rate remains neutral or slightly negative, indicating that market sentiment is still cautious, without any tendency towards excessive optimism or pessimism.

Overall, the market is in a stage of reassessment and adjustment. Investors should closely monitor market trends while maintaining a cautious attitude, as low liquidity over the weekend may lead to unexpected price fluctuations.