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The crypto assets market is showing a fluctuating consolidation trend today. Bitcoin (BTC) is fluctuating narrowly within the range of 113400 to 113700, indicating that the market is in a consolidation phase. From a medium-term perspective, the resistance level for BTC is around 114700, while the support levels are near 111800 and 110800. In the short term, BTC may seek direction between 113000 and 114000.
Ethereum (ETH) also shows a similar trend. ETH is currently hovering in the range of 3490 to 3520, and it is expected to possibly pull back to the range of 3450 to 3420.
Market observers point out that the current Crypto Assets market is being influenced by multiple factors. The global economic situation, changes in regulatory policies, and the attitudes of institutional investors are all shaping the market direction. Investors should closely monitor these factors to better grasp market trends.
Despite the significant fluctuations in the market in the short term, many analysts remain optimistic about the future of Crypto Assets in the long run. They believe that as blockchain technology continues to develop and the application scenarios expand, the value of Crypto Assets will be further realized.
However, investors also need to pay attention to risk management. The high volatility of the crypto assets market means that potential high returns come with high risks. It is recommended that investors fully understand the relevant knowledge before entering the market and make informed decisions based on their own risk tolerance.