The crypto assets market has recently shown strong upward momentum, with Bitcoin and Ethereum both breaking through important thresholds, and market sentiment is generally optimistic.



Ethereum has first broken through the $4600 mark, showing a trend of continuous rise. Meanwhile, Bitcoin has also successfully reached the $120,000 threshold, indicating that market confidence in major Crypto Assets is strengthening.

Multiple positive factors supported this wave of pump. The latest CPI data released and the market's expectations for interest rate cuts have injected positive signals into the Crypto Assets market. In addition, the continuous strength of the US stock market has also brought confidence to the overall financial market.

From a technical perspective, Ethereum's four-hour chart shows that the Bollinger Bands are opening upwards, the MACD indicator indicates that bullish strength is continuously increasing, and the KDJ indicator has formed a golden cross above the zero line. All these technical indicators suggest that it may continue to create new highs in the short term.

Market analysts suggest that under the current trend, investors can pay attention to opportunities for low-position buying. Every pullback may be a good chance to build a position. However, considering the high volatility of the crypto assets market, investors still need to operate cautiously and manage risks well.

If Bitcoin can effectively break through the key resistance level of $121,500, it may trigger a new round of pump. However, it is equally important to remain rational and vigilant in this opportunity-filled market.
BTC-1.67%
ETH-4.66%
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MintMastervip
· 08-13 16:09
Laughing to death, just short of shouting "all in".
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GameFiCriticvip
· 08-13 10:31
This indicator is To da moon, just look at the heavyweight breakout to know.
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SelfStakingvip
· 08-12 22:50
Who doesn't love making money while lying down?
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GateUser-bd883c58vip
· 08-12 22:46
Bull run means to take action!
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ContractHuntervip
· 08-12 22:43
bullbullbull
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CryptoMomvip
· 08-12 22:26
Still panicking, don't chase the price.
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AirdropATMvip
· 08-12 22:25
Tsk tsk... The masters are starting to enter a position!
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