Yesterday, the crypto assets market showed a wide fluctuation and downward trend, with Bitcoin (BTC) fluctuating between $114,800 and $110,000, while Ethereum (ETH) consolidated at a low level within the range of $3,909 to $3,725.

From a technical perspective, the bearish positions continue to increase on the daily chart. Although the four-hour chart shows a decrease in trading volume, the overall trend still leans towards a downward direction. The short-term rebound seems to be just a weak correction. The resistance level for BTC is first around $113,500, with stronger resistance at the $116,000 level. The short-term moving average system remains in a bearish arrangement.

For trading strategies, it is advisable not to chase prices. Consider shorting in the BTC range of $112,200-112,700, with a target price of $110,500-110,000. For ETH, you could short in the range of $3,845-3,865, with a target price of $3,780-3,760.

It is worth noting that recent news of increased tariffs in the United States, the overall correction in the crypto market, the rising expectations of interest rate cuts from the Federal Reserve, and the historical high of spot gold may all impact the crypto assets market.

Regardless of how the market fluctuates, maintaining a good mindset is crucial. Market conditions are only temporary, while the correct mindset is the foundation for long-term success. Investors should objectively analyze the market, develop reasonable trading strategies, and always pay attention to changes in the global economic situation.