In tonight's Crypto Assets market, Bitcoin has shown a fluctuating downward trend. Starting from a high of $115,100, the price gradually declined, ultimately reaching a low of $112,600, before entering a brief consolidation phase.



From the hourly technical indicators, the Bollinger Bands show a funnel shape, which usually indicates that market volatility may increase in the short term. Both the middle and lower bands of the Bollinger Bands are exhibiting a downward trend, with the overall channel showing a downward inclination. Although the price continues to operate below the support level of the lower band, no obvious breakout signals have yet appeared.

Based on the current market conditions, investors may consider the following strategies:

For Bitcoin, you can look for long opportunities in the range of $112,700 to $111,900, with target prices set in the range of $113,500 to $114,300.

For Ethereum, a long position can be considered in the range of $3530-$3460, with target prices aiming for the range of $3580-$3840.

It is worth noting that the recent futures trading volume of Solana has reached a new high, which may have a certain impact on the entire Crypto Assets market. When formulating trading strategies, investors should pay close attention to the interactions among major coins and changes in overall market liquidity.

In the current market environment, maintaining a cautious and flexible attitude is crucial. Investors should stay alert to market dynamics and adjust their strategies in a timely manner to cope with potential sharp fluctuations. At the same time, setting reasonable stop-loss and take-profit points helps control risks and protect investment results.
BTC0.79%
ETH0.54%
SOL-0.83%
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