#ETH Recently, the crypto assets market has shown a clear adjustment trend. From the 4-hour price movement perspective, the prices of major crypto assets have significantly retraced from their highs, with multiple bearish belt holds appearing consecutively, and have fallen below the important support level of the middle band of the Bollinger Bands.

Although there has been a slight rebound, the strength is very limited. Currently, the price is still hovering below the middle band of the Bollinger Bands, and the lower band support has already been tested multiple times. If the lower band support is broken, the market may further open up downward space.

Regarding Bitcoin, the range of $117800 to $118300 may be a key resistance level. If it cannot break through, the next support target might be around $116300. As for Ethereum, the range of $4460 to $4480 may become resistance. If it fails to stabilize, it may further drop to around $4300.

Investors should closely monitor market trends and manage risks appropriately. In the current market environment, it is advisable to operate cautiously and wait for clearer market signals to emerge. At the same time, it is essential to be aware of the high volatility characteristics of the Crypto Assets market, as price movement may change rapidly.