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The current situation in the Crypto Assets market is complex, and investors need to remain cautious. Recently, the market has shown signs of a rebound, but this could be a large-scale bull trap. If investors blindly follow the trend, the consequences may be difficult to reverse.
The monthly K-line chart shows a strong reversal signal, rather than continuing to climb towards the $110,000 mark. This change could occur within one to three days.
For Bitcoin, it is recommended to short in the range of $107,800 to $108,500, with a target price around $106,000 to $106,500. For Ethereum, consider shorting near $2,530 to $2,560, with a target price in the range of $2,400 to $2,450.
Important reminder: The current market is highly volatile, and investors should maintain a clear mind and avoid blindly chasing highs. The market may turn at any time, so it is important to closely monitor market dynamics and adjust investment strategies in a timely manner. At the same time, attention should also be paid to risk management, and reasonable stop-loss levels should be set to prevent potential losses from significant declines.
Overall, the crypto assets market may face adjustment pressure in the short term. Investors should remain rational, operate cautiously, and avoid falling into possible market traps.