The Crypto Assets market is showing a fluctuating upward trend this morning after experiencing volatility last night. Bitcoin began to rebound after finding a bottom around $101,094, and is currently fluctuating around $101,520. From a short-term technical perspective, Bitcoin is at the resistance level of the upper band of the Bollinger Bands, with the KDJ indicator showing a high upward divergence, and the MACD indicator also indicating an upward trend. These signals suggest that there may still be room for a pump in the market.



However, the market may experience a brief pullback. It is expected that Bitcoin may retreat to the range of $104,800-$104,000, and then is likely to rise to the range of $105,800-$106,800. This fluctuating upward trend reflects the cautious attitude of market participants at the current price level, but overall remains optimistic.

As the second largest Crypto Asset, Ethereum's trend is similar to that of Bitcoin. Analysis shows that Ethereum may retrace to the $2,400-$2,370 range, and then is expected to break through the current resistance level, moving towards the $2,420-$2,450 range.

It is important to note that the high volatility of the crypto assets market means that these predictions can change rapidly. Investors should closely monitor market dynamics, manage risks appropriately, and make investment decisions based on their own circumstances. As the global economic environment continues to change, the crypto assets market may be influenced by more external factors, so it is crucial to remain vigilant and flexible.
BTC-0,74%
ETH0,04%
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