The cryptocurrency market has recently shown a remarkable calm. Bitcoin (BTC) and Ethereum (ETH) have been in a sideways consolidation for the past ten days, with fluctuation ranges gradually narrowing. Currently, the two major crypto assets seem to be nearing the end of a converging triangle, and a directional breakout is expected in the short term (possibly within three days).

For Bitcoin, if it can successfully break upward and stabilize above $113,500, it is likely to further rise to the range of $117,000 to $119,000. However, if the price breaks down below the current support level, it may fall back to around $105,000, and in the case of further declines, it may test the support near $100,000.

The trend of Ethereum also shows a similar pattern. If it can break upwards accompanied by an increase in trading volume, its price is expected to reach around $4,660. Conversely, if it breaks downwards, it may drop to the levels of $4,050 or $3,900.

During this critical period, investors should closely monitor the movement of major capital and observe how they choose the breakout direction. For experienced traders, once the breakout direction is clear, they can consider adopting a light position follow-up strategy.

It is important to emphasize that the high fluctuation of the crypto assets market means that any predictions come with uncertainty. Investors should be cautious when making decisions, fully assess risks, and formulate strategies based on their own risk tolerance and investment goals. In addition, continuously monitoring market dynamics, changes in regulatory policies, and the global economic situation is also crucial for grasping the direction of the crypto assets market.