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Recently, the fluctuation of the crypto assets market has attracted attention, and investors should closely follow the trends of Bitcoin (BTC) and Ethereum (ETH).
For Bitcoin, a price level around $120,000 is worth paying close attention to. If the 4-hour candlestick closes steadily above this level, it may indicate the end of the short-term adjustment phase. During the subsequent upward movement, resistance may appear around $121,000, $122,000, and $123,000. However, if the 4-hour close fails to break through the $120,000 mark, it may suggest a lack of short-term upward momentum, and the market may retreat. At this point, investors should focus on the support levels around $119,000, $118,000, and $117,000.
Regarding Ethereum, the $4430 to $4380 range is worth following in the short term. Among them, the areas around $4500 and $4580 are key positions, and their breakout or resistance may affect the short-term trend.
Overall, the crypto assets market remains full of uncertainty. Investors should consider multiple factors when making decisions, including market sentiment, technical analysis, and the macroeconomic environment, and always remain vigilant to adjust their strategies in a timely manner. At the same time, it is important to pay attention to risk management and not to bet all funds on a single market or asset.