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Currently, the Crypto Assets market appears to be at a critical turning point. The trend of Bitcoin (BTC) shows that after rising about 10% to 15% from $74,000, it typically experiences a consolidation period of one to two weeks. Now, this consolidation phase seems to be quite sufficient, and market participants generally expect that in the next one to two weeks, Bitcoin is likely to reach new highs again.
At the same time, Ethereum (ETH) is also performing remarkably. It is currently consolidating around the important psychological level of $4000, a process that can be seen as a necessary step to clear the positions of short-term speculators. It is worth noting that such pullbacks typically do not go too deep and do not last too long. Market analysts generally believe that Ethereum is likely to follow in Bitcoin's footsteps and jointly break through the current resistance level.
Overall, the current market conditions demonstrate the unique volatility and potential opportunities of Crypto Assets. Investors and traders should closely monitor the trends of these two major Crypto Assets, as their breakthroughs could lead the entire Crypto Assets market into a new phase. However, it is also important to always keep in mind the high-risk nature of the Crypto Assets market, and proper risk management is a wise move.