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The Crypto Assets market shows a strong rise trend, with Bitcoin and Ethereum leading this wave of rise. From the hourly chart analysis of Bitcoin, the Bollinger Bands show an upward trend, which is a signal of a strong rally. Although the price has retreated several times after touching the upper band of the Bollinger Bands, the overall upward momentum remains strong.
Ethereum's performance is more prominent, almost showing a one-sided rise, driving the entire crypto market upwards. Currently, a bullish sentiment is prevalent across the market. For short-term traders, it may be worth considering taking moderate profits after the price rises and buying on dips during corrections, but the main strategy should still focus on finding buying opportunities.
In terms of specific operations, Bitcoin may fluctuate in the range of 118000 to 118500, with potential target price levels between 121000 and 121500. Ethereum may oscillate around 2600 to 2590, with target price levels of 3650 to 3680.
It is worth noting that although the current market trend is favorable, investors should remain cautious, closely monitor market changes, and manage risks appropriately. The volatility of the Crypto Assets market is significant, and price trends can change at any time. Therefore, before making any investment decisions, it is advised that investors conduct thorough research and analysis and develop suitable investment strategies based on their own risk tolerance.