After July month end closure, most of the crypto closed lower than most expectation by the retails. This also marks the starting cycle for the rest of year 2023.
With the basis that Kin on 1H chart maintaining around the base of blue thick line for the first week of August. We could gauged this as new low of the month. On long term, it still a bullish season from early January till now on most Top 500 coin and token.