Early this morning, the Crypto Assets market showed a volatile trend. Bitcoin dipped from around $112,900 to about $110,700, and then entered a consolidation phase.

From the hourly Bollinger Bands indicator, the opening is in an expanding state, the upper band continues to rise, while the middle and lower bands are both turning down, indicating increased pressure for a short-term downward trend. After briefly breaking below the lower band, the price rebounded back into the channel, but has been hovering near the lower band, reflecting that the bullish counterattack force has not completely escaped the influence of the downward structure.

Based on the current market situation, Bitcoin may encounter resistance in the range of $111,800 to $112,500, with a downward target range of $110,200 to $109,500. Ethereum may encounter resistance near $4,350 to $4,400, with a downward target range of $4,240 to $4,180.

Despite the downward pressure on mainstream coins, some altcoin markets are still showing signs of recovery. Investors need to closely monitor market trends, especially active tokens such as Solana (SOL), Binance Coin (BNB), and Ripple (XRP).

In this complex market environment, investors should remain vigilant, manage risks reasonably, and closely monitor market changes and important news events to adjust their investment strategies in a timely manner.