Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
Trade $MORE to unlock Listing Airdrops + $300K Points Prize Pool!
💰 Total Airdrop Volume: $30,000 MORE, Limited slots—first come, first served!
✅ Total Points: 2 Alpha Points per trade—accumulate points to share the $300K prize pool!
🔥Trade the Hottest On-Chain Assets First
For more information: https://www.gate.com/campaigns/1342alpha?pid=X&c=MemeBox&ch=vxDB0fQ5
In the past 24 hours, the Crypto Assets market has shown a high-level fluctuation trend. The price movement of Bitcoin (BTC) and Ethereum (ETH) has attracted widespread attention from investors.
In terms of Bitcoin, although there was a slight increase after the US stock market opened, it was influenced by tariff-related news and once dipped below the 106,000 USD mark. However, the price is currently gradually recovering and has not broken the lower support line. The market expects BTC to continue oscillating within the range, and investors can follow the pullback opportunities.
From a technical perspective, Bitcoin's 4-hour chart shows that the lower Bollinger Band support is quite strong. Although the upper band pressure has caused a slight price decline, the Bollinger Bands are currently showing a clear narrowing, and there are signs of a rebound at the lower band. This indicates that the range-bound oscillation pattern may continue in the short term, and investors are advised to maintain a cautiously optimistic attitude.
Ethereum is also facing a similar market environment. Analysts expect that BTC may fluctuate in the range of 105500-105800 USD in the short term, with an upward target possibly reaching around 107000-108000 USD. Meanwhile, ETH may fluctuate in the range of 2400-2420 USD, with an upward target expected around 2480-2520 USD.
It is worth noting that the Crypto Assets market is highly volatile, and investors should carefully assess risks and manage their funds. At the same time, closely follow the global macroeconomic situation and changes in regulatory policies, as these factors may significantly impact Crypto Assets prices.