The Crypto Assets market has shown interesting trends recently. Last night we observed a decrease in Trading Volume but a slight pump in prices, and today the market has entered a high-level consolidation phase. Analyzing the daily chart carefully, we can see that the Candlestick bodies are gradually shrinking, a trend that is more pronounced on the 4-hour and 1-hour charts.

Currently, there are no obvious bearish factors in the market, which may indicate that we are entering a "small steps" phase - with smaller price fluctuations, but potentially lasting longer. From a long-term perspective, Bitcoin may find support around $130,000, and if favorable news stimulates, it could even reach $140,000 to $150,000. Ethereum is expected to touch $3,500.
However, the current market lacks strong information stimulation. The impact of tariff issues has weakened, the geopolitical situation remains complex, and the Israel-Palestine issue is still unresolved. It is worth noting that there are rumors that Powell may be fired, but this news needs further confirmation. In addition, Tuesday's CPI data and Wednesday's PPI data may influence interest rate cut decisions, which could have some impact on the market.
For short-term traders, it may be considered to short at the current position and then go long during the pullback. Conservative investors may prefer to wait for a pullback before establishing a long position.
Regarding Bitcoin, you can pay attention to shorting opportunities around $119,000. If it breaks through $119,500, you can consider adding to your position. The support level below is at $118,000, and if it falls below, it may further drop to $117,000. For Ethereum, you can short around $2,980-$2,985, and if it breaks through $3,005, you can add to your position, with a target price of $2,920. If the downtrend intensifies, it may reach $2,905.
For conservative investors who prefer to go long, attention can be paid to whether the support level below is effective. Bitcoin can establish a long position if it is not broken through at 107,500-108,000 USD, with a target price of 119,500 USD. If the upward momentum is strong, it may reach 122,000 USD. Ethereum can establish a long position in the range of 2,925-2,940 USD, with a target price of 3,010-3,040 USD. If the upward momentum is strong, it may touch 3,150 USD.
Regardless of the strategy adopted, it is important to manage risks carefully and closely monitor market changes.