This Monday morning, the Crypto Assets market exhibited significant volatility.



Mainstream Crypto Assets experienced significant price fluctuations yesterday, retreating from a high of 106079 to the 104826 range before a technical rebound occurred, briefly rising to around 105782 for consolidation. Subsequently, in the early morning hours, it tested the support level at 104438 again, and is currently consolidating around the 105500 range.

From the analysis of the daily chart, a bearish candlestick pattern with a lower shadow has formed, indicating weak technical signals. The price is operating near the lower boundary of the range and has failed to effectively break through the mid-range position for two consecutive trading days, with upward pressure still present. The four-hour structure shows that the Bollinger Bands are beginning to narrow, and after completing the wave pattern, the candlestick quickly turned bearish with a significantly elongated lower shadow. The MACD indicator has shifted from neutral to slightly bullish, and the current level shows characteristics of a rebound trend.

Based on technical analysis, the operational approach can consider:
Mainstream coins may face resistance in the 105800-106000 range, with a downward target to pay attention to support near 104500.
Another major Crypto Asset can focus on the resistance range of 2550-2570, with a downward target around 2490.

Investors should pay attention to risk management, set stop-loss positions reasonably, and avoid excessive leverage operations.
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