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Recently, the Crypto Assets market has experienced frequent Fluctuations, attracting close attention from investors. This article will analyze the latest market performance and potential trends of Bitcoin (BTC) and Ethereum (ETH).
In terms of Bitcoin, it was originally expected to find support around 115,000, but in reality, a deeper pullback occurred, reaching around the level of 112,100. This dip can be seen as the first test of support, and investors may wait for a second touch near 112,100 before considering entry. This strategy helps to confirm the reliability of the support while also providing investors with better risk management opportunities.
Turning to Ethereum, which is currently in a relatively strong support area. Recent movements show a downward false breakout, but subsequently confirmed the mid-line support of 4,089 on the daily chart, as well as the support range of 3,952 to 4,098 on the weekly chart. From the hourly level, Ethereum is still oscillating within a rising flag pattern, which is often seen as a bullish signal. Investors are closely following potential bottom formation signals, which may indicate future upward opportunities.
Overall, the current Crypto Assets market is showing a typical consolidation trend. Bitcoin investors seem to be waiting for clearer entry signals, while Ethereum is displaying relatively stable support. However, given the high Fluctuation in the Crypto Assets market, investors still need to remain vigilant, closely follow market changes, and take appropriate risk management measures.
With the continuous changes in the global economic situation and the evolution of the cryptocurrency regulatory environment, the future trends of BTC and ETH may be influenced by more external factors. Investors should continuously follow news related to macroeconomic data, regulatory policy changes, and technological innovations to make more informed investment decisions.