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Recently, the Crypto Assets market has frequently experienced Fluctuation, with the Bitcoin price encountering significant resistance around 120,000. Market attention is focusing on the speech of Fed officials this afternoon, as investors hope to gain potential interest rate cut signals from it.
Currently, Bitcoin has entered a relatively weak period. $115,000 has become a key support level, and if the Fed's speech does not bring good news, this support level may face a breakthrough risk tonight, and it could even drop to the important support area of $110,000.
At the same time, it is worth noting that Ethereum has been active recently, with its trading volume surpassing Bitcoin, indicating a shift in market focus.
The weekend is approaching, and the crypto assets market may continue to show fluctuation in the short term. Investors should closely follow the market reactions to the Fed's speeches and adjust their investment strategies in a timely manner based on the latest trends. In this uncertain market environment, it is crucial to remain vigilant and flexible.