The crypto assets market is as unpredictable as ever. Today's performance of Bitcoin and Ethereum once again proves this point, showing a typical oscillating pattern. Bitcoin hovers around $114,000, while Ethereum consolidates around $3,630. This market condition offers investors unique trading opportunities.



From a technical perspective, the four-hour chart shows a slow rising trend, despite encountering some resistance. The KDJ indicator has formed a golden cross, which is generally regarded as a bullish signal. At the same time, the MACD indicator on the one-hour chart maintains an upward trend, indicating that the upward momentum is still continuing in the short term.

However, investors should bear in mind that every market fluctuation contains different operational logic. Whether it is a sharp fluctuation or a range consolidation, the key lies in accurately grasping the market rhythm. Current technical indicators suggest that, although there may be short-term corrections, the overall trend still leans towards upward.

For investors looking to enter the market, it may be worth considering finding buying opportunities after a stabilization following a pullback. Bitcoin can focus on the support range of $113,400 to $113,800, with a target price set at $116,000. Ether can focus on the support area of $3,560 to $3,580, with a target aimed at $3,700.

It is worth noting that the inherent high volatility of the crypto assets market means that risks and opportunities coexist. Investors should fully consider their own risk tolerance when formulating trading strategies and remain vigilant at all times to respond to potential drastic changes in the market.
BTC1.94%
ETH5.48%
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WalletInspectorvip
· 08-06 13:50
Take a gamble and you will be a god.
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CascadingDipBuyervip
· 08-06 13:40
Hurry up and All in.
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MissingSatsvip
· 08-06 13:36
This trend is stable.
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MetadataExplorervip
· 08-06 13:35
Another wave of bull run is here!
View OriginalReply0
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