The latest analysis of the Crypto Assets market shows that Bitcoin and Ethereum are in a volatile downward trend. The Bitcoin daily chart exhibits weak characteristics, with the Bollinger Bands diverging downwards and technical indicators such as MACD, KDJ, and RSI all indicating a downward trend. On the four-hour chart, the rebound momentum is facing resistance from the middle band of the Bollinger Bands, and the overall market situation remains in a weak position.

In the current market environment, traders may need to adopt a cautious short strategy. The key resistance levels for Bitcoin include $114,500, $115,000, and $116,000. Only a breakout and a sustain above $116,000 could change the current downward trend. Support levels to watch are $113,000, $112,000, and $111,000, especially the support strength at the important psychological level of $110,000. It is worth noting that from a longer-term perspective of the monthly and weekly charts, the market still has room for further adjustments.

The trend of Ethereum is similar to Bitcoin, having broken below the middle band of the daily chart Bollinger Bands. In the short term, $3,600, $3,680, and $3,730 will become key resistance levels, which may become ideal areas for laying out short positions. Support levels below include $3,550, $3,450, and $3,350.

Overall, the current Crypto Assets market is still in a correction phase. Investors should closely monitor changes in key price levels and adjust their trading strategies promptly according to market fluctuations. At the same time, it is important to pay attention to long-term trends and fundamental factors in order to make informed decisions amid market volatility.