The Crypto Assets market experienced a sudden and severe Fluctuation today. The price of Bitcoin (BTC) has seen an unexpected sharp decline after last night's falling channel, currently hovering around the lower boundary of the channel near $112,000. If this key position cannot be maintained, the next important support level will be $108,500. Market participants are closely following the crucial defense line of $102,000, as it represents the bottom of Bitcoin's long-term healthy rising trend.

Ethereum (ETH) has also not been spared from this market turmoil. A large number of leveraged positions were forced to close, and the bullish forces suffered heavy losses. Currently, the price of Ethereum is struggling near the lower boundary of the channel around $3,800 and the horizontal support level. Analysts expect that due to the profit-taking pressure caused by the previous sharp decline, the market may still experience a certain degree of correction. However, since a large number of short forces have already been exhausted in this round of decline, it is expected that the subsequent decline will narrow. If the $3,800 level is broken, the next key support level may be around $3,400.

It is worth noting that although this market adjustment is fierce, the fall of Bitcoin and Ethereum is relatively mild and has not reached the levels of the past famous crashes on "5.19" and "3.12". However, small-cap cryptocurrencies (commonly known as "altcoins") have suffered a more severe blow, with many projects experiencing significant declines.

In this market environment, investors need to remain calm, closely follow the performance of key support levels, and adjust their investment strategies in a timely manner based on market changes. At the same time, this may also provide potential entry opportunities for prepared investors. In any case, risk management remains crucial in this highly uncertain market.