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The Crypto Assets market has recently shown a strong pump, especially on August 13 and 14, when the market performance was particularly outstanding. Prices have successfully broken through previous high points, and this breakthrough indicates that the buying power is currently dominating the market trend.
From a technical indicator perspective, MACD (Moving Average Convergence Divergence) shows that the fast line and slow line are continuously diverging upwards, while the red histogram is constantly strengthening, further confirming that the current market is in a strong upward trend.
For Bitcoin (BTC), market analysts suggest that investors may consider long positions in the price range of 123,000 to 123,500, with a target price set between 125,000 and 126,000. As for Ethereum (ETH), experts recommend looking for entry opportunities in the range of 4,700 to 4,730, with the target price set between 4,850 and 4,950.
However, investors should keep in mind that the Crypto Assets market is highly volatile. Before making any investment decisions, it is essential to conduct thorough research and risk assessment. Additionally, market sentiment and macroeconomic factors can also have a significant impact on short-term price movements, so it is crucial to maintain vigilance and a flexible investment strategy.
As Crypto Assets continue to gain mainstream attention and adoption, we may see more institutional investors entering this space, which could further drive market development. However, the uncertainty of the regulatory environment remains a factor that needs to be closely monitored, as it could have far-reaching impacts on the market.
Overall, the current market is showing positive signals, but investors still need to remain cautious and closely monitor market trends and potential risk factors.