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Recently, the crypto assets market has shown intense fluctuations. Ethereum has been particularly eye-catching, with the four-hour chart displaying three consecutive bullish lines and a strong upward momentum. The Bollinger Bands are showing significant expansion, the medium term is tilting upwards, and the price has broken through the upper band. Various technical indicators all point to the continuation of the rising trend.
However, from the daily chart perspective, the Relative Strength Index (RSI) has started to flatten, suggesting that the pump momentum may begin to weaken. Currently, Ethereum is in the overbought zone, and investors should be cautious of potential pullbacks, setting stop-losses in a timely manner to avoid risks.
In contrast, Bitcoin's price movement is relatively mild. The four-hour chart shows an alternating pattern of bullish and bearish lines, reflecting the current balance of power between bulls and bears, with the market in a fierce tug-of-war. From a technical perspective, Bitcoin is in a correction phase. However, it is worth noting that this correction does not imply a shorting opportunity; rather, it may create momentum for a subsequent pump. Therefore, maintaining a strategy of going long at low levels may be wiser.
In such a market environment, investors need to maintain a clear mind, closely monitor market trends, and flexibly adjust their investment strategies. Although fluctuations may be faced in the short term, the Crypto Assets market still holds enormous potential and opportunities in the long run.