Recently, the Crypto Assets market has shown a clear downward trend. Bitcoin (BTC) has fallen below the 110,000 mark, returning to the previous price central range. This trend confirms market expectations, suggesting that a larger scale adjustment is imminent.



From a technical analysis perspective, Bitcoin is currently in a falling trend on the 4-hour level. The daily level's target falling range is expected to be between 90,000 and 95,000. It is worth noting that the current falling process has not yet reached one-third, so investors need to be patient and wait for the market to develop further.

Ethereum (ETH) also failed to escape this round of adjustment. Its price fell below the $4,400 mark, indicating that the 4-hour level rebound has ended, and a new round of daily level downtrend is beginning.

Regarding the short-term trend of Bitcoin, the 1-hour chart shows that it is currently experiencing the third wave of fall, with support at around 107,500. A fourth wave of 1-hour level rebound may occur in the next day or two, followed by a fifth wave of fall, with overall support possibly around 106,000.

The 15-minute level chart shows that Bitcoin completed a rebound during the day today, but another 15-minute level fall is expected, breaking through the previous low. A 1-hour level rebound may occur tomorrow.

In terms of Ethereum, the 15-minute chart shows that another 15-minute fall is needed, after which a rebound may occur in the next day or two.

It is important to remind investors that the Crypto Assets market is constantly changing, and short-term predictions are for reference only. Investors should closely monitor the latest market trends, make cautious decisions, and manage risks appropriately.
BTC0.98%
ETH3.79%
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PaperHandsCriminalvip
· 16h ago
Buy the dip, buy at the peak, selling is just the floor.
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GasFeeAssassinvip
· 17h ago
Those who didn't buy the dip have nothing to say.
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DogeBachelorvip
· 17h ago
Another fall, a familiar taste.
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quietly_stakingvip
· 17h ago
the most desperate big dump of a bull run
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GasWastervip
· 17h ago
The fetus died in the womb belongs to
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GweiObservervip
· 17h ago
Has the market collapsed again?
View OriginalReply0
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