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The current Crypto Assets market is showing certain signs of stability. From the four-hour cycle perspective, after the price found support at the middle band of the Bollinger Bands, it began to stabilize, presenting an interspersed pattern of rise and fall. The bottom of the Candlestick Chart shows a significant lower wick, indicating that the support below remains strong.
Looking at the one-hour timeframe, although the market once experienced a significant fall reaching the lower band of the Bollinger Bands, a strong rebound followed, and there have been two consecutive bullish candles rising. In terms of technical indicators, the KDJ indicator has been diverging upwards after the death cross, releasing signals of accumulated energy, indicating that the overall trend may be approaching a reversal opportunity.
Based on the current market situation, investors may consider adopting a trend-following strategy, primarily focusing on buying low and gradually positioning themselves. The specific operational suggestions are as follows:
Bitcoin (BTC) can be considered for purchase in the range of 107,000-106,500, with a target price around 109,000.
Ethereum (ETH) can look for entry opportunities in the range of 2,480-2,460, with a target price around 2,550.
Investors should be aware that the Crypto Assets market is highly volatile, and must operate with caution while managing risks effectively. At the same time, it is recommended to continuously monitor market dynamics and adjust strategies in a timely manner.