Recently, the crypto assets market has shown a fluctuating trend. The Bitcoin price encountered resistance around $113,600 and entered a consolidation phase. From a technical perspective, the pattern of the downward channel has not changed.



The hourly technical indicators show that the MACD energy bars are continuously decreasing in volume, and the candlestick chart indicates signs of a downward turn. These signals suggest that bearish momentum is gradually accumulating, and a pullback may occur in the future.

For Bitcoin, a rebound is expected to the range of 114300-115300 dollars, but support may be around 110500-108000 dollars. As for Ethereum, it may rebound to the range of 4245-4285 dollars, while support may be around 4150-4000 dollars.

It is worth noting that the global macroeconomic situation, especially the upcoming Jackson Hole meeting, may have a significant impact on the Crypto Assets market. Investors should closely monitor the developments of the meeting and adjust their investment strategies in a timely manner.

Overall, although there may be a slight rebound in the short term, the market is still in a downward channel. Investors should remain cautious, manage risks well, and pay attention to the potential impact of changes in global economic policies on the market.
BTC-0.95%
ETH-2.41%
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Blockblindvip
· 14h ago
Predicting the upper and lower ranges again, anyway, whatever is said is correct.
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ForkLibertarianvip
· 14h ago
The slow bull market is steadily entering a position.
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BlockDetectivevip
· 14h ago
The old suckers smell a bear market.
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MetaverseLandlordvip
· 14h ago
The opportunity to get out of positions has arrived? The clown is actually me.
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FlyingLeekvip
· 14h ago
The big market is coming, and we can happily lie down and play people for suckers.
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CoffeeOnChainvip
· 14h ago
Bear market again rising, rising again bear market, I just want to have a cup of coffee to calm down.
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