The crypto assets market showed positive signals tonight. Bitcoin fell to around $117,800 after reaching a high of $118,500, and then started to rebound.



From a technical perspective, the hourly Bollinger Bands show that the middle and lower bands are flattening, indicating that the market is in a sideways consolidation phase. The momentum indicator is gradually moving away from the middle band area and approaching the upper band, which suggests that upward momentum may strengthen in the short term.

Based on the current market conditions, investors may consider positioning themselves in the following range:

Bitcoin: There may be buying opportunities near the range of 117,600-117,000 USD, with target price levels of 118,700-119,500 USD.

Ethereum: There may be entry opportunities near the $3,790-$3,760 range, with target price levels to watch in the $3,860-$3,900 range.

It is worth noting that there have been some interesting trends in the market recently. The trading volume of Ethereum has exceeded that of Bitcoin, which may indicate that market participants' interest in Ethereum is increasing. However, investors should also be cautious of potential risk factors, closely monitor market changes, and adjust their strategies in a timely manner.

Overall, the Crypto Assets market may show a moderate upward trend in the short term, but investors still need to remain cautious and manage risks.
BTC0.32%
ETH4.29%
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CryptoCrazyGFvip
· 07-30 10:22
The breakdown means the bull run is To da moon!
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456BUvip
· 07-27 15:26
ETH price is interesting and down fall started and if you have any doubts pls check my profile and my old massages .
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GateUser-cff9c776vip
· 07-27 14:50
Will Schrödinger's bull run ever come?
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TokenCreatorOPvip
· 07-27 14:50
The bull run is coming!
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LuckyBearDrawervip
· 07-27 14:34
All in, no more care.
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PerpetualLongervip
· 07-27 14:31
Increased the position, just waiting to recoup investment. Bearish traders and retail investors, tremble!!
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GasDevourervip
· 07-27 14:27
It's a good time to increase the position again.
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