**[Bitfinex Report: Crypto Market May Be in the Late Stage of Correction, September Could Mark a Cyclical Low]** Odaily Planet Daily reports that the Bitfinex Alpha report indicates: Bitcoin has fallen below $110,000, down more than 13% from its all-time high of $123,640. While this decline has technical significance, historical patterns of decline and seasonality suggest that the market is actually in the late stage of a correction. The current market capitalization of altcoins is stagnant, and any volatility in altcoins indicates capital rotation rather than expansion. Due to the seasonal lull in ETF inflows and the gradual fading of speculative excess, September could become a cyclical low, after which structural drivers will once again come into play, driving a recovery in the fourth quarter. In addition to these macroeconomic changes, developments in regulation and the cryptocurrency market highlight the need for broader financial support for this asset class.