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The current Crypto Assets market is showing a positive trend. Bitcoin is in a consolidation and repair phase; despite moving sideways, it has not fallen below the support level below, instead reaching a new high, continuing the long positions trend. Investors should focus on the support range of $106,000 to $106,500. If this range is not broken on the four-hour chart, long positions will still have upward momentum, with resistance levels at $108,900 and $110,000.
Ethereum performed strongly yesterday, without a significant pullback, and continuously tested new highs. Investors can follow the support range of $2400-2430. If it stabilizes after a pullback on the hourly level, it is expected to continue upward, with resistance levels at $2500 and $2550.
For trading strategies, consider buying Bitcoin in the range of 106,000-106,500 USD, with a target price of 108,000-109,000 USD. Ethereum can be bought in the range of 2,400-2,430 USD, with a target price of 2,480-2,530 USD.
It is worth noting that the Crypto Assets market is highly volatile, and investors should operate cautiously and manage risks effectively. At the same time, closely follow market dynamics and changes in regulatory policies to adjust strategies in a timely manner. Additionally, while technical analysis has reference value, it should not be completely relied upon; it is necessary to combine it with fundamental analysis and the macroeconomic situation to make investment decisions.