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This noon, the crypto assets market exhibited a volatile trend. Bitcoin (BTC) continued to maintain its rise after reaching a high point of $124,500 in the morning, currently hovering around $123,450.
From the hourly technical perspective, BTC is running at the upper band of the Bollinger Bands, while the KDJ indicator shows a downward trend, forming a death cross signal. This combination of technical indicators usually suggests a possible pullback in the short term.
For trading strategies, investors may consider seeking long opportunities in the range of $122,900 to $122,300, with target prices set in the range of $123,950 to $124,650. However, it is important to note that the market is constantly changing, and investors should always pay attention to market trends and adjust their strategies in a timely manner.
At the same time, Ethereum (ETH) is showing similar volatility. Currently, ETH may face selling pressure in the range of $4,790 to $4,820, presenting short-selling opportunities. If bears take control, ETH could retract to the range of $4,745 to $4,700.
It is worth noting that the Crypto Assets market is highly volatile, and investors should fully consider risks when formulating trading strategies, reasonably set stop-loss levels to protect their asset security. At the same time, closely monitor market news and macroeconomic conditions, as these factors can significantly impact Crypto Assets prices.
Overall, the current market is at a critical position, and significant fluctuations may occur in the short term. Whether going long or short, it is necessary to remain vigilant and be prepared to respond to sudden changes in the market.