The crypto assets market has recently experienced a round of severe fluctuations. Bitcoin continued its downward trend on Friday morning, breaking through multiple support levels and hitting a low of $115,040. Subsequently, the market saw a technical rebound and is currently consolidating sideways around $116,500. Ethereum's movement is highly correlated with Bitcoin, having dropped in sync to a low of $3,573 in the morning, before rebounding to $3,770, and is now hovering around $3,730.

From a technical perspective, Bitcoin is experiencing a tug-of-war between bulls and bears around the $116,500 range. The RSI indicator has rebounded from the oversold zone in the morning to 38.6. Although it has moved away from extreme weakness, it remains below the neutral level of 50, indicating that the upward momentum is limited. The MACD indicator shows that the bearish strength has weakened, but the daily downtrend has not yet been reversed.

Considering the current market situation, investors may consider shorting Bitcoin around $117,000, with a target price potentially at $114,500. Similarly, Ether may face selling pressure around $3,700, with a downward target possibly at $3,580.

However, the crypto assets market is ever-changing, and investors should closely monitor market trends and adjust their strategies in a timely manner. In addition, attention should be paid to global macroeconomic factors and changes in regulatory policies that may impact the market. In this uncertain market, risk management and capital control are particularly important.