Recently, the crypto assets market has experienced significant fluctuations, with Bitcoin rising from a low point of around 1050 USD to a high of 1233 USD. This round of pump does not seem to be driven by traditional information or political factors, but rather appears to be the result of the subjective intentions of large financial institutions.



Some analysis suggests that a well-known investment family in North America is actively laying out plans in the Crypto Assets market. Their series of actions regarding the Federal Reserve's interest rate cuts and tariff adjustments may very well be aimed at promoting the expansion of the Crypto Assets industry. Despite the recent failure of the U.S. House of Representatives to pass procedural voting on the crypto bill, the family firmly believes that Crypto Assets will become a trillion-dollar industry.

The current market trend indicates that this pullback may be a strategy by large funds to create a false impression of a correction and accumulate at lower prices. In the short term, Bitcoin is likely to oscillate between $1150 and $1233. From a technical perspective, as long as it does not fall below the support level of $1060, Bitcoin remains in a bullish market. The upper resistance level is at $1200, and a breakthrough could lead to new highs. In terms of technical indicators, the MACD shows that bearish strength is weakening, the KDJ indicator is approaching the equilibrium zone from the oversold area, and the J line shows an upward trend, forming a golden cross with the DK line.

For trading strategies, consider establishing long positions in Bitcoin within the range of $1159 to $1164, with a stop loss set at $1100 and target prices of $1180 or $1220. In terms of Ethereum, purchases can be made in the range of $3074 to $3100, with a stop loss at $3040 and target prices of $3150 or $3200.

It is worth noting that the upcoming CPI data may cause a short-term shock to the market. Investors should closely monitor this important economic indicator and adjust their trading strategies in a timely manner based on the data results. In this uncertain market environment, it is crucial to remain vigilant and flexible.
BTC2,73%
J0,39%
ETH4,12%
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