Today, the Crypto Assets market is showing a pullback trend, erasing the rise from the previous trading day. Nevertheless, the overall market still remains within the prior fluctuation range.

The price has fallen to the support level of the middle band of the Bollinger Bands, and there has been no clear breakthrough yet. From a daily perspective, whether the subsequent closing price falls below the middle band will be crucial. If the support cannot hold, it may trigger further downward movement.

In the short term, the market is still in a phase of fluctuation and adjustment. The Bollinger Bands show a converging trend, which may indicate that the market will continue to consolidate horizontally at high levels for some time to come.

From the four-hour timeframe, both the upward and downward momentum have weakened, and it is currently in a sideways consolidation state. Whether it will regain upward momentum or continue to adjust in the short term needs further observation to draw a conclusion.

Investors should closely monitor the performance of the support at the middle band of the Bollinger Bands, while paying attention to changes in market trading volume, as this may provide important clues for determining the next trend. In the current market environment, where uncertainty is high, it is crucial to maintain caution and patience.