This week, the Crypto Assets market displayed a diverse trend. Bitcoin encountered resistance around 118,000 as expected, then pulled back to 115,088. Despite significant short-term fluctuations, it remains within a range of around 3,000 points, and may challenge the 120,000 level subsequently.
Regarding Ethereum, although it failed to reach the expected buy point of 4,380 during the Federal Reserve's interest rate decision, it subsequently broke through to around 4,660. Currently, market participants generally believe that 4,420 is an important support level, and if it can hold, the next target may be 4,800.
The altcoin market still presents opportunities. Dogecoin has dropped from an entry point of 0.282 to 0.272, and some investors have chosen to reduce their positions, but still retain a small portion to observe future market trends. It is worth noting that Solana (SOL) had a buying opportunity at the 250 position, but was swept out due to improper stop-loss settings, which reminds investors to set risk management strategies appropriately.
Overall, the current altcoin season does not seem to have fully arrived yet. Market participants generally believe that altcoins may continue to build momentum before the trends of mainstream coins like Bitcoin and Ethereum become clearer. Investors should remain vigilant, closely monitor market movements, and look for potential investment opportunities.
It is worth mentioning that the Crypto Assets market experiences significant Fluctuation, and investors should act cautiously and manage risks effectively. Additionally, it is advisable to pay attention to regulatory developments and macroeconomic conditions, as these factors may have a substantial impact on the Crypto Assets market.