The recent Crypto Assets market has shown a volatile consolidation trend. Bitcoin (BTC) declined continuously from the level of $109,100 last night, reaching a low of $107,200. This morning, there was a slight Rebound, oscillating between $107,600 and $108,200.

From a technical perspective, the hourly Bollinger Bands show a converging state, indicating that the short-term market volatility has significantly decreased and is entering a narrow consolidation phase. In terms of the MACD indicator, after completing a death cross below the zero axis, the fast line has begun to show signs of rising, while the slow line is also exhibiting a steady trend, suggesting that bearish momentum is weakening and bulls are attempting to regain control of the market.

For Bitcoin, the current key resistance area is around $108,500 to $109,200, while the support target range is between $107,500 and $106,800. Regarding Ethereum (ETH), resistance is around $2,550 to $2,580, while the support target range is between $2,480 and $2,450.

Investors should closely monitor the breakthroughs of these key price ranges, while paying attention to changes in market sentiment and external factors, in order to adjust their trading strategies in a timely manner. In such a volatile market environment, risk management becomes particularly important, and it is recommended that investors operate cautiously and manage their funds well.