Recently, the Crypto Assets market has shown a trend of short-term pullback, but the long-term outlook is still positively influenced by institutional capital inflows and technological upgrades. Let’s delve into the current market conditions and possible future developments.

From a technical perspective, Bitcoin is currently fluctuating near an important support level. The 4-hour chart shows that the price is oscillating between $120,000 and $121,500. If it falls below $120,000, it may further decline to $118,000. Regarding Ethereum, $4,300 is a key support level, and if it fails to hold, it may test the $3,800 level.

The momentum indicators show that the MACD of Bitcoin and Ethereum are both in the negative zone, indicating weak short-term momentum. However, the RSI indicator suggests that Ethereum may be approaching the oversold area, which could signal a potential rebound opportunity.

Looking ahead, Bitcoin may fluctuate within the range of $120,000 to $125,000 in the short term. Ethereum needs to closely monitor the support level of $4,300. From a mid to long-term perspective, Bitcoin has historically performed strongly in the fourth quarter, and if it can break through $125,000, it is expected to challenge higher levels. Ethereum may benefit from the allocation demand of institutional investors and technological upgrades, with the potential to reach higher valuations by the end of the year.

For investors, short-term trading can consider buying on dips near support levels and setting reasonable stop-loss levels. Long-term investors can focus on accumulation opportunities on dips, especially the staking yields of Ethereum and the potential growth of ETF holdings. However, investors should also be cautious of market volatility risks, manage their positions well, and closely monitor changes in macroeconomic policies and geopolitical situations.

Overall, despite the potential for some volatility in the short term, the long-term outlook for the Crypto Assets market remains promising. Investors need to maintain a cautiously optimistic attitude, seizing opportunities while managing risks.