Recently, the Crypto Assets market has shown a pattern of repeated fluctuations, with investors closely following market trends. It is worth noting that the price movement of Bitcoin (BTC) has diverged significantly from that of gold.

Recent news shows that a major financial institution plans to reduce its gold asset reserves to below 13% and has begun pre-selling part of its holdings. This move may trigger panic in the market in the short term, but it may also create opportunities for capital inflow into the Crypto Assets market.

In terms of Bitcoin, the current market is showing a high-level consolidation state. The technical analysis indicates a evening star pattern on the four-hour chart, with decreasing trading volume diverging from the moving average trend, suggesting that there may be downward pressure in the short term. Investors should follow the support range of 1098-1088 USD, and if it falls below 1088 USD, it may trigger a larger correction.

For Ethereum (ETH), market participants recommend following the trading range of $3941-$3962, with $3900 as the defense line. If it breaks through $4025, it may further attack the $4087-$4150 area.

The current crypto assets market is still in a sensitive period, and investors need to remain vigilant, closely follow market changes and the release of important economic data, as well as the regulatory policy trends in various countries, and manage risks effectively. At the same time, it is also important to pay attention to the changes in correlation between crypto assets and traditional financial assets, as this may provide new ideas for adjusting investment strategies.