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This article will analyze the latest trends in the Crypto Assets market. Bitcoin (BTC), from the 1-hour Candlestick Chart, shows a positive pump momentum. If the price continues to rise, we may see a series of Bullish lines on the Candlestick, which will help break through the previous high resistance level.
In terms of technical indicators, the MACD indicator has formed a golden cross, and the histogram continues to expand, indicating that bullish strength is increasing. At the same time, the KDJ indicator shows signs of turning upwards in the oversold area, which is typically regarded as a potential rebound signal. In the moving average system, the short-term moving average has crossed above the long-term moving average, further supporting the judgment that the overall trend is leaning towards bullish.
According to the current market situation, investors may consider establishing long positions around $108,400, with target price levels set in the range of $109,000 to $109,600.
Ethereum (ETH) also shows potential for a pump. It is recommended to pay attention to buying opportunities around $4430, with a target price set in the range of $4470 to $4510.
However, it is important to remind investors that the Crypto Assets market is highly volatile, and trading decisions should be based on individual risk tolerance and comprehensive market analysis. Always exercise caution and manage risks appropriately; this is key to participating in Crypto Assets trading.