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At the beginning of this week, the Crypto Assets market has shown a range-bound oscillation. After last week's strong pump, trading sentiment for Bitcoin has calmed down, and it is currently maintaining a relatively weak pattern.
From a technical perspective, the Bitcoin daily chart shows that the key resistance level above has not been effectively broken, which may further limit the upward space. The four-hour chart reveals a trend where the coin price may break below the support, potentially entering an adjustment phase in the short term. Investors should remain cautious and avoid blindly chasing highs until clear bullish signals appear.
For the operational strategy regarding Bitcoin, it is recommended to focus on the key resistance level of $115,800. Only by breaking through this level can space be opened for further upward movement. If the hourly line can stabilize above $115,800, it can be seen as the return of bullish momentum, with the potential to challenge levels of $116,700 and even $117,500 thereafter. The support levels below are at $114,500 and $113,600, while around $112,500 is a strong support level and also an ideal entry point for long positions.
In contrast, Ethereum has shown stronger resilience. After a slight pullback, it rebounded again and entered a consolidation phase, with an overall performance better than Bitcoin. Currently, Ethereum's market liquidity and momentum are relatively sufficient, making it a key focus for investors.
For Ethereum's operational strategy, $4,670 is a key support level and also a relatively ideal entry point for long positions. As long as the price stays above this level, it is expected to challenge $4,830, $4,880, or even higher levels again. However, if the hourly candlestick closes below $4,670, it may trigger a new round of correction, at which point the support levels of $4,560 and $4,480 should be monitored.
Overall, the current crypto assets market is at a critical turning point. Investors should closely monitor market trends and remain rational and cautious when making investment decisions.