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The current Crypto Assets market is showing a fluctuating trend, with various performances among the main coins.
Bitcoin (BTC) once again challenged the $116,000 mark yesterday but failed to break through this key resistance level. Currently, the BTC price is hovering around $114,300, which has become an important support level in the short term. If it can hold this position, the next upward target range is between $115,300 and $115,700. However, if it breaks below the $114,300 support, it could further dip to $113,300, $112,000, or even $111,000. In extreme cases, a brief touch of $107,500 cannot be ruled out.
Ethereum (ETH) is facing resistance as well, failing to break through the recent high of $3730. Currently, $3630 has become an important dividing line between bulls and bears. If it can hold this position, ETH may still challenge $3730, and if it breaks through, targets of $3810 and even $3878 can be expected. However, if it falls below the $3630 support, it may drop back to $3563, or even levels of $3500 or $3450.
As for Solana (SOL), its recent upward momentum also encountered resistance on the daily chart, indicating a cautious sentiment in the overall market.
Overall, the Crypto Assets market is in a critical technical position, and investors should closely monitor the performance of various support and resistance levels to assess the trend direction in the short term. The market's volatility remains high, and it is advisable for investors to stay vigilant and manage risks.
The corresponding proportion of staked Ethereum in the overall circulation has decreased from 29.39% to 29.29%, remaining stable overall.
The corresponding proportion of staked Ethereum in the overall circulation has decreased from 29.39% to 29.29%, remaining stable overall.