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Recently, the Crypto Assets market has experienced a severe turbulence, and many investors have suffered heavy losses. In the face of this situation, we need to calmly analyze and view it rationally.
As investors, we must acknowledge that we sometimes make wrong judgments. The market changes rapidly, and no one can be right all the time. What is important is to learn from mistakes, continuously learn, and adjust strategies.
The current market situation is indeed not optimistic. All technical indicators are declining across the board, and the MACD negative value is close to the critical point. 116500 seems to have become a key watershed. However, we should not be blinded by short-term fluctuations, but rather focus on the long term.
I still hold a positive outlook on Bitcoin's potential to recover above $120,000. If things go smoothly, it may even quickly enter the bull market range of $126,000 to $132,000. After a round of adjustments, Ethereum's long-term target price can still be seen at $5,500-$6,000.
Of course, this is just a personal opinion, and investors should make cautious decisions based on their own circumstances. In the face of market fluctuations, it is crucial to maintain rationality and patience. One should not be swayed by short-term ups and downs, but should focus on the long-term development prospects and fundamentals of the project.
In the end, whether you are bullish or bearish, please maintain a rational discussion attitude. The market always has its ups and downs, and what matters is how we respond and grow. Let us look forward to a bright future for the Crypto Assets market.