The crypto assets market is showing a sideways consolidation pattern today, with limited fluctuation in the prices of major digital assets. Nevertheless, the overall market sentiment remains optimistic.



After a significant rise in the earlier stages, mainstream crypto assets such as Bitcoin have not shown a noticeable pullback, but instead entered a brief period of high-level sideways consolidation. This market trend is typically seen as a phase of accumulation following an increase, preparing for the next round of growth.

From a technical perspective, Bitcoin is currently looking for support around $110,000. If it can hold this key level, it is expected to attempt a challenge towards $111,500. Ethereum is hovering around $3,920, and a breakout above $4,050 will open up further upside potential.

For investors, a pullback buying strategy can be adopted under the current market conditions. When the coin price experiences a slight decline, it is advisable to build positions moderately and wait for the rebound after the consolidation ends. However, investors should also be wary of market risks, reasonably control their positions, and set stop-loss orders to cope with potential severe fluctuations.

Overall, although the market is showing a Sideways trend in the short term, the upward trend of the Crypto Assets market remains intact in the medium to long term. Investors can maintain a cautiously optimistic attitude, closely monitor market movements, and seize potential investment opportunities.
BTC2.16%
ETH0.56%
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LiquidityLarryvip
· 3h ago
A three-year crypto assets investor has conducted in-depth research on the Decentralized Finance ecosystem.
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NFTRegretfulvip
· 3h ago
With this pattern, we can break 120,000 tomorrow!
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SchrodingerProfitvip
· 3h ago
A market that both loses and gains, feeling confused.
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0xInsomniavip
· 3h ago
All in就完事了 enter a position勿扰
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TopBuyerBottomSellervip
· 3h ago
Again pretending to be an expert here to fool suckers.
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just_vibin_onchainvip
· 4h ago
Just waiting for the right moment, there’s no need to panic.
View OriginalReply0
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