Recently, the crypto assets market has shown remarkable dynamics. Analysts are closely monitoring the price movement of Bitcoin and Ethereum, looking for potential breakout points.



From a technical perspective, a pullback has occurred in the short term, but the market seems to be preparing for a new round of increases. The lower band of the Bollinger Bands provides strong support, and although the MACD indicator is at a high level, it still shows positive signals. These indicators collectively suggest that the current pullback may be building momentum for future increases.

For Bitcoin, market participants are closely following the price level around 114,000, which could be a potential buying opportunity. If it breaks through 115,500, it may trigger a new round of increases.

Ethereum is also noteworthy, with the price range around 3,620 seen as a potential entry point. If it can break through 3,700, it may open a new upward channel.

However, investors should bear in mind that the Crypto Assets market is highly volatile, with risks and opportunities coexisting. Staying vigilant, making rational decisions, and not blindly chasing highs is the wise choice. In this rapidly changing market, maintaining calm and a long-term perspective is crucial.

Overall, although there may be fluctuations in the short term, the overall trend of Bitcoin and Ethereum still appears optimistic. Investors should closely follow market movements, seize opportunities in a timely manner, and simultaneously manage risks.
BTC0.3%
ETH2.38%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
SatoshiSherpavip
· 08-08 08:54
buy the dip machine is on standby...
View OriginalReply0
ApeWithNoChainvip
· 08-08 08:24
All in and it's done.
View OriginalReply0
CryptoComedianvip
· 08-08 07:31
Suckers Diary, today is another day of Full Position.
View OriginalReply0
MindsetExpandervip
· 08-06 17:15
All in and it's done, let's go!
View OriginalReply0
MevShadowrangervip
· 08-05 10:52
Just talk to retail investors in the way that retail investors understand.
View OriginalReply0
GmGmNoGnvip
· 08-05 10:49
Are you kidding? Still researching indicators now?
View OriginalReply0
SilentObservervip
· 08-05 10:43
Just come in and take a look.
View OriginalReply0
CryptoTherapistvip
· 08-05 10:37
sensing high levels of market ptsd here... breathe with me fam
Reply0
PhantomMinervip
· 08-05 10:31
BTC is gathering strength, right?
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)