Recently, the Crypto Assets market has once again fallen into Fluctuation. As a market barometer, the price of Bitcoin (BTC) has dropped below $109,000, raising widespread concerns among investors.

Bitcoin is currently hovering around the 200-day moving average, a level that has historically become a mid-term bottom multiple times. Market analysts point out that if Bitcoin can hold this support and rebound, the next target may be $112,000. However, if the support fails, Bitcoin may further fall to $101,000.

Ethereum (ETH) is also facing similar pressure, with the current key focus on the liquidity area of $3,800. Analysts believe that Ethereum must reclaim $4,060 to confirm a rebound; otherwise, it may face the risk of falling to $3,600.

Other major crypto assets such as Ripple (XRP), Solana (SOL), and Dogecoin (DOGE) are also in critical technical positions. XRP is oscillating within a key support and resistance range, and a breakout will determine its future trend. Some analysts believe SOL may be in the final stage of Wyckoff accumulation, and if confirmed, a strong rebound could occur in the fourth quarter. Meanwhile, Dogecoin's monthly relative strength index (RSI) still indicates it is in an accumulation phase, advising investors to remain patient.

Market experts point out that the performance of Bitcoin will greatly influence the trend of the entire Crypto Assets market. If Bitcoin can hold its current support level and rebound, it may drive other Crypto Assets like Ethereum and XRP to strengthen. Conversely, if it falls below support, $101,000 could become the next important testing point for the market.

Overall, the current crypto assets market is at a critical crossroads. The performance of Bitcoin near the 200-day moving average will determine the direction of the entire market in the short term. Investors should closely monitor market trends, operate cautiously, and manage risks effectively.