Today, the Crypto Assets market showed a trend of initial suppression followed by a rise. After experiencing a pullback in the afternoon, the market rebounded in the evening. Currently, other major Crypto Assets, aside from Bitcoin, are still in a 4-hour pullback phase. Bitcoin, on the other hand, has stabilized at the 4-hour support level and is showing a small rebound.



In terms of Ethereum, a buying opportunity appeared in the evening around $4185, and then it quickly rose to $4320, bringing considerable profits to investors who entered in time.

In the current market situation, investors face a dilemma: regretting not going long when prices rise and worrying about further declines when prices fall. This psychological state indeed poses challenges to investment decisions.

Night Market Outlook:

Ethereum: As long as it does not fall below $4235, the bullish trend will continue. Other Crypto Assets need to break through their respective key resistance levels to continue upward; otherwise, they may face the risk of a second pullback. However, if the previous low is not broken, a small-scale Rebound may still occur.

Bitcoin: Pay attention to the key level of 120,655 USD during the night. If it can hold above this level, the minor pullback may end, and the market is expected to continue rising. The upper resistance level is in the range of 122,456-123,300 USD. If it fails to hold above 120,655 USD, the minor pullback may persist, and attention should be paid to the previous low of 119,345 USD. If this level is broken, a 4-hour level pullback may begin, with support levels in the range of 118,030-117,345-116,440 USD.

Overall, the current Crypto Assets market is at a critical moment, and investors need to closely monitor the key price levels of various coins, manage risks appropriately, and seize potential investment opportunities.
BTC-1.41%
ETH-4.37%
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