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Recently, the Crypto Assets market has shown a strong pump trend. From the Technical Analysis of the four-hour cycle, the market is steadily advancing along a fluctuating upward track. The price not only firmly stands above the upper band of the Bollinger Bands, but the Bollinger Bands are also continuously expanding upwards. In addition, various moving averages are displaying a typical long positions arrangement, and these signs indicate that buyers are firmly in control of the market.
However, investors still need to remain cautious. The K value and J value in the KDJ indicator have entered the overbought zone, which typically signals that a market correction may occur in the short term to release accumulated pressure. Looking back at the recent market performance, we can observe that after each upward breakout, there is always a small pullback. However, these pullbacks have not generated sustained downward momentum, nor have they substantially suppressed the overall upward trend.
For Bitcoin (BTC), you can currently pay attention to buying opportunities in the range of 118000-118500, with an upward target set around 120000. For Ethereum (ETH), the range of 4180-4200 may provide entry opportunities, with a target price around 4300.
It is worth noting that the Crypto Assets market is constantly changing, with high risks and high returns coexisting. Investors should fully consider their own risk tolerance, conduct in-depth market research, and closely monitor changes in global economic policies and regulatory environments before making any decisions. At the same time, diversification, setting stop-loss orders, and only investing funds that one can afford to lose are all important strategies to reduce risk.