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Recently, the Crypto Assets market has shown a volatile upward trend. Bitcoin ( BTC ) has started to rise from around $114,000, reaching the $115,000 mark before entering a short-term adjustment phase.
From the hourly Bollinger Bands indicator, the three lines are synchronously sloping upwards, showing a clear bullish arrangement, indicating that the current short-term trend is relatively strong. The price is oscillating in a narrow range near the upper band, suggesting that the short-term upward momentum is slightly converging, but the support effect of the upper band is still present, and the overall strong pattern has not been broken.
Based on the current market situation, investors can pay attention to the following key price levels:
Bitcoin(BTC) may seek support in the range of $114,000-$113,500, with a target range above of $115,200-$115,700.
Ethereum ( ETH ) may seek support in the range of $3,520 - $3,480, with an upper target range of $3,610 - $3,660.
It is worth noting that the Crypto Assets market is influenced by multiple factors, and investors should closely monitor the potential impact of external factors such as the global economic situation and regulatory policies on the market. At the same time, due to the significant volatility of the Crypto Assets market, investors should also carefully assess risks and allocate assets wisely.