In the recent Crypto Assets market, Bitcoin (BTC) and Ethereum (ETH) have shown strong upward momentum. Bitcoin has continued to rise on the 4-hour chart, entering a consolidation phase after experiencing a technical pullback. This high-level consolidation is seen as a signal for accumulating strength for subsequent upward movement. From a technical perspective, Bitcoin's rising trend remains solid, with the current pullback only viewed as a short-term adjustment that does not change the overall upward trend. The hourly upward pattern is performing well, providing support for the bullish sentiment.



The trend of Ethereum is in sync with Bitcoin, showing clear signs of stabilization after a pullback. Despite being in a high-level consolidation, the bullish momentum remains strong, increasing the likelihood of further upward movement.

For traders, Bitcoin can focus on the range of $117,300-$116,800, with a target price set around $118,500. Ether can focus on the range of $4,580-$4,530, with a target price set around $4,730.

It is worth noting that the Crypto Assets market is highly volatile, and investors should thoroughly assess the risks before making any decisions, and formulate strategies based on their own risk tolerance and investment goals. Additionally, it is crucial to continuously monitor market dynamics and the potential impact of global macroeconomic factors on Crypto Assets prices.
BTC0.53%
ETH-0.39%
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TokenAlchemistvip
· 6h ago
studying liquidation cascades for alpha rn... typical inefficiency surface tbh
Reply0
AllTalkLongTradervip
· 6h ago
This time we're really going to reach 120,000.
View OriginalReply0
TopBuyerBottomSellervip
· 6h ago
The suckers waiting to be harvested are in position.
View OriginalReply0
consensus_failurevip
· 6h ago
This can rise.
View OriginalReply0
TokenomicsPolicevip
· 7h ago
Today is another day of counting coins in bed~
View OriginalReply0
RugPullAlarmvip
· 7h ago
Abnormal capital flow on mainstream on-chain, Large Investors are dumping.
View OriginalReply0
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