Recently, the Crypto Assets market has shown a trend of fluctuating downward, which has attracted widespread follow from investors. Especially the sharp fall on August 29 highlighted the strength of short positions. In the following two trading days, the market seems to have found some support at a low level, but the rebound strength still appears insufficient.



From a technical indicator perspective, the performance of MACD also confirms the current weak pattern. Both the DIF and DEA indicators are below the zero axis and show a continuous downward divergence, while the increasing volume of the green histogram further reinforces this signal. These signs all indicate that the current market is still in a relatively weak state.

For Bitcoin, the current price range is worth closely following. Market participants may consider 109,500 as a key reference point, with a downward target potentially reaching the range of 108,000 to 107,000. However, if the price breaks through 109,800, it may indicate a trend reversal in the short term.

The trend of Ethereum is also worth following. The current price level of 4,320 may face further downward pressure, with a potential target range between 4,200 and 4,100. However, if the price can break through 4,380, it may bring some positive changes.

In the current market environment, investors need to maintain a cautious attitude, closely follow market trends, and develop corresponding investment strategies based on their own risk tolerance. It is worth noting that the high volatility of the Crypto Assets market means that situations can change at any time, so it is crucial to remain flexible and vigilant.
BTC1.74%
ETH4.24%
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NotSatoshivip
· 2h ago
Be patient and wait for the opportunity to buy the dip.
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MerkleDreamervip
· 09-02 13:37
Bear Market pressure is intense.
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NotGonnaMakeItvip
· 09-02 01:51
BTC is about to bottom out.
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ApeEscapeArtistvip
· 09-02 01:47
Stay calm in a Bear Market.
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alpha_leakervip
· 09-02 01:46
We still need to look at the support level.
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