This week, the Crypto Assets market is showing an overall trend of fluctuating upward, with long positions dominating. Bitcoin (BTC) started to rise from around $115,000, gradually advancing to about $117,800, successfully breaking through several short-term resistance levels. The trend this week presents a "two steps forward, one step back" healthy rhythm, with each rise accompanied by a slight pullback, effectively clearing out short-term profitable positions and accumulating strength for the next offensive.

However, on the eve of the weekend, long positions faced resistance at key levels such as Bitcoin 118,300 USD and Ethereum 4,700 USD, failing to form an effective breakthrough. Subsequently, the market entered a high-level fluctuation stage, with participants generally adopting a wait-and-see attitude.

Overall, the crypto market performed positively this week, with long positions achieving good results. However, the market has now entered a critical resistance level, and the subsequent trend is worth paying attention to. Investors should closely monitor market movements, especially the performance of Bitcoin and Ethereum, the two major coins, as they often lead the direction of the entire crypto assets market.

It is worth noting that although the market may need some time to consolidate in the short term, the upward trend of the crypto assets market remains intact in the medium to long term. With the continued entry of institutional investors and changes in the global macroeconomic environment, digital assets may welcome a new round of growth opportunities.

However, investors should also keep in mind that the high volatility nature of the Crypto Assets market has not changed. Before making any investment decisions, it is essential to conduct thorough research and risk assessment, and to allocate assets reasonably based on their own risk tolerance.