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Recently, the trend of the crypto assets market has left many investors feeling confused. The market is showing a fluctuating state, with various false breakouts and reversals occurring frequently, but overall it is still fluctuating within a larger range. Nevertheless, many analysts believe that the market may soon break out of this oscillating state, as this pattern has persisted for quite a long time.
Bitcoin (BTC) is seeking support between $116,000 and $115,000, having reached a daily high of $198,000, and is currently hovering around $121,000. Meanwhile, Ethereum (ETH) is looking for bottom support between $356 and $348, with a daily high of $390.
Some market participants expect that the market may welcome a wave of upward movement this Friday. However, given the current market uncertainty, investors should remain cautious, closely monitor market trends, and manage risks effectively. In this challenging market environment, maintaining rationality and patience is particularly important.