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From the recent four-hour Candlestick Chart analysis, the Crypto Assets market shows a clear arrangement of bearish candles, forming a short-term pullback trend. It is worth following that after each sharp fall, the market enters a period of adjustment, but this has not fundamentally changed the overall trend, which is still primarily downward.
From a technical indicator perspective, the market has formed a top divergence pattern, which usually indicates that the current trend may face adjustment pressure. At the same time, the golden cross of the fast-moving average and the slow-moving average continues to decline, and the dead cross that appeared during this period further reinforces the pullback trend, indicating that selling pressure is continually accumulating, and the downtrend may deepen further.
Comprehensive analysis indicates that the market will continue to maintain a downward trend in the short term. For traders, this may be a period that requires caution. In such a market environment, risk management is particularly important.
For Bitcoin (BTC), a short position can be considered around $113,500, with a target price set at $112,000. As for Ethereum (ETH), shorting opportunities can be sought around $4,160, with a target price of $4,000.
However, investors should be aware that the Crypto Assets market is highly volatile, with rapid price changes. Therefore, thorough research and risk assessment should be conducted before executing any trading strategy. At the same time, setting appropriate stop-loss positions is also an important means of protecting funds.
In the end, although the market shows a downward trend in the short term, the long-term development prospects of Crypto Assets are still worth following. This market volatility may provide potential entry opportunities for long-term investors. In any case, maintaining rationality and patience, along with thorough market analysis, is the key to success in this challenging and opportunity-filled market.