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Recently, the cryptocurrency asset market has sparked great interest among investors. Analyses show that if Bitcoin (BTC) manages to stay above 115,700 and breaks the daily high of 120,900, it is very likely that a new round of increase will come, with the target price between 130,000 and 132,000.
Regarding Ethereum ( ETH ), as long as it does not drop below the support level of 3,480, the current correction around 3,670 may signal the end of the decline. The next K line charts are expected to show an upward trend, with a target price between 3,700 and 3,800.
For investors looking to enter the market, the BTC currently around 117,800 can be considered for entry. If it surpasses 120,900, one might increase their position. Another important observation point is 119,000; if it manages to stay above this level, it will also be a signal to increase the position. It is recommended to set the stop loss at 115,200, with the target aimed at 130,000.
ETH can currently be considered for purchase around 3,550, and can also set pending orders between 3,520 and 3,480. It is recommended to set the stop-loss level at 3,429, with successive upside targets of 3,625, 3,670, 3,730, and 3,800.
It is important to emphasize that these analyses are only for reference, and the actual operation should be decided by investors based on their ability to withstand risks and market judgment. As long as BTC does not fall below 115,700, there is still the expectation of reaching 130,000. Let's wait and see how the market will evolve.