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Bitcoin dominance bouncing Purple box caps it imo

This morning, the crypto assets market showed intense fluctuations. Bitcoin faced resistance after breaking through a high of 109,311, and then pulled back to a low of 107,472. Currently, its price has rebounded to around 109,000. Ethereum's trend is similar to that of Bitcoin, rising and then falling, reaching a peak of 4,369 before retreating to 4,211, and now fluctuating around 4,300. From the 4-hour candlestick chart, Bitcoin encounters significant resistance below the 110,000 mark, forming short-term top pressure; while around 107,500 provides strong support. Both bulls and bears are engaged in fierce battles within this range, and currently, there is not enough momentum to break this equilibrium. In the short term, Bitcoin may look for a breakout opportunity in the range of 109,000 to 108,500. If it breaks through, the next target price could be around 110,000. Ethereum, on the other hand, may seek support in the range of 4,320 to 4,300. If it stabilizes and rebounds, it has the potential to hit target levels of 4,380 to 4,400. It is worth noting that the current market is experiencing significant fluctuations, and investors should operate cautiously, keeping a close eye on market trends. At the same time, one should be alert to potential sudden market changes and manage risks effectively. In such a volatile market, short-term traders may have more opportunities for operations, but they also face higher risks. Overall, the Crypto Assets market is still in a key fluctuation range, and the future trend will depend on whether it can break through the current resistance or support levels. Both Bitcoin and Ethereum need more trading volume and market confidence to push prices beyond the current range. Investors should remain patient and wait for clearer market signals to appear.