Recently, the crypto assets market has experienced significant fluctuations. Bitcoin began to show a clear downward trend on Thursday morning, with a fall of up to 7541 points, nearly erasing all recent rises. However, the market trend has since eased.

From the technical analysis of the four-hour level, Bitcoin has shown a rising trend for three consecutive periods. The Relative Strength Index ( RSI ) has also formed a golden cross below water, which is usually seen as a potential reversal signal.

Nevertheless, market participants remain cautiously optimistic. Some analysts predict that Bitcoin may encounter resistance around the 118,000 level, while Ethereum may face challenges at the 4,550 level. These two key levels are approximately 300 points and 50 points higher than the current prices, respectively.

It is worth noting that the volatility of the crypto assets market has always been high, and investors should fully recognize the risks involved. Although there may be a rebound in the short term, the long-term trend still carries uncertainty. Market participants should closely monitor various influencing factors, including the global economic situation, changes in the regulatory environment, and the attitudes of institutional investors.

In this market environment, investors need to remain calm, avoid chasing rises and falls, and also do a good job of risk management. For individuals interested in participating in Crypto Assets trading, it is recommended to study relevant knowledge in depth and only invest funds that they can afford to lose.