The Crypto Assets market is like the changing of the seasons, experiencing the alternation between the cold winter and the warm summer. The real challenge lies not in predicting the direction of the prediction market, but in cultivating the ability to survive in any market environment. The Fluctuation of the market itself is not the risk; the lack of strategies to cope with the Fluctuation is the real threat.

Last night, the Bitcoin market faced a strong short-selling attack, with prices quickly dropping to around $105,578. Although it briefly rebounded to $106,248 around midnight, it soon came under pressure again and has now reached a recent low of $105,100. During the same period, Ethereum was also not spared, continuously declining from midnight to the early morning, hitting a low of $2,370.

From the four-hour cycle perspective, bearish forces continue to dominate the market. The Bitcoin price has broken through the lower Bollinger Band after a continuous decline, and the last line of defense for the bulls has been breached. The lower Bollinger Band shows a sustained downward trend, indicating that the price may further seek support below.

The hourly analysis shows that the Bitcoin price is oscillating closely along the lower Bollinger Band, indicating that the bulls are firmly suppressed by the bears. The three Bollinger Bands are clearly diverging downwards, with the opening continuously widening, further confirming the formation of a short-term downward channel, suggesting that the price may continue to decline.

In light of the current market situation, investors should remain cautious. Bitcoin may face further downward pressure in the range of $106,000 to $105,800, with the next support target possibly around $104,500. As for Ethereum, the area around $2,440 may become a new resistance level, with the next support target possibly around $2,340.

In the face of such a turbulent market, investors should operate cautiously and manage risks appropriately. At the same time, it is important to remember that the market is always changing rapidly, and the current downward trend does not mean a perpetual bear market. Stay calm, conduct thorough market research, and adjust investment strategies in a timely manner to maintain an edge in this challenging Crypto Assets market.