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Recently, the Crypto Assets market has shown a complex trend. Although the price of Bitcoin has rebounded from its previous low, it has not yet broken through the recent high range. Overall, after a period of phased decline, the market is currently attempting to form a bottom and rebound, but the breakthrough momentum still appears insufficient.
From the perspective of the four-hour chart, the current rebound is still in a probing stage. In the short term, the price is supported by moving averages, and investors need to closely watch whether the price can stabilize above EMA(5) and EMA(10). If the price breaks below the support, it may enter a correction or consolidation range. Conversely, if it breaks through recent highs with increased trading volume, the short-term upward trend may continue.
Observing the hourly chart, we can see that the short-term market has shifted from strong to weak. The price has rapidly fallen from the upper high and broken below the short-term moving averages, showing a clear retracement trend. If the short-term does not manage to regain above EMA(5) and EMA(10), the market may still lean bearish. However, if the price can return and stabilize above the moving averages, investors may consider a short-term buying strategy.
It is worth noting that Ethereum's recent performance has also attracted attention. However, the market environment is complex and changeable, and investors should be cautious in making decisions, fully assessing risks and opportunities.