Recently, the Crypto Assets market has shown a comprehensive rise, mainly stimulated by favourable information regarding the potential interest rate cuts in the United States. In the past day, the total market capitalization of Crypto Assets has increased by approximately $20 billion, reaching $4.04 trillion, close to the important resistance level of $4.05 trillion.

The current trading price of Bitcoin is close to $117,090, facing short-term resistance at $117,261. If it successfully breaks through this level, it is expected to challenge the important psychological barrier of $120,000. However, if a pullback occurs, $115,000 will become a key support level, and if it falls below, it may further dip to $112,500.

In terms of altcoins, Immutable (IMX) has performed particularly well, rising 19% within 24 hours, reaching a new high in 7 months, and approaching the 1 dollar mark. As long as it can hold the support level of 0.883 dollars, IMX still has further pump potential.

Overall, market sentiment has clearly improved, but both bulls and bears are engaging in fierce battles near key price levels, which may lead to significant volatility in the short term. Investors should closely monitor these key resistance levels and support levels to react promptly to market fluctuations.

It is worth noting that although the market is generally optimistic, investing in Crypto Assets still carries high risks. Investors should proceed with caution, manage risks properly, and avoid blindly chasing highs or using leverage. At the same time, pay attention to regulatory trends and macroeconomic conditions, as these factors may have a significant impact on the Crypto market.