After conducting an in-depth analysis of the recent trends in the Crypto Assets market, I believe it is necessary to share with everyone the current market dynamics of Bitcoin ( BTC ) and Ethereum ( ETH ).

Regarding Bitcoin, the recent rebound seems to be nearing its end, and the formed head-and-shoulders bottom pattern is facing a test. In the short term, signs of weakness on the 1-hour and 4-hour charts are becoming increasingly apparent. Notably, the MACD indicator has shown a top divergence, which is often seen as a signal of a potential peak. Currently, the support level around $114,000 is undergoing repeated testing, and if this key level is breached, we might see the price retreat to previous lows.

From a longer-term perspective, the daily chart has broken below an important trend line. Unless there is a rapid surge, this round of adjustment may still be far from over. At the weekly level, the MACD continues to show a divergence, and the current trend is quite similar to the sharp correction after the last bull market peak.

Turning to Ethereum, the current price is stuck at the upper edge of the weekly converging triangle, showing a typical oscillation pattern. The rebound strength is insufficient to break through the previous high, and there have even been lower highs appearing on the 1-hour chart, with a bearish structure gradually forming. If the support level at $3,321 cannot be maintained, there may be further testing risks below.

Overall, this rebound is not suitable for chasing highs, as the market structure still indicates that we are in a correction phase. The real reversal signal needs to focus on whether the key support level can hold, or whether there are signs of a breakout with increased volume in the future.

For other crypto assets, the secondary market is currently digesting the surge of Ethereum from $2,100 to $3,900, showing significant fluctuations. Investors should remain cautious, closely monitor market changes, and implement proper risk management.