Recently, the Crypto Assets market has shown a complex trend, with a noticeable divergence in the performance of Bitcoin and Ethereum. Let's delve into the current situation and possible directions for development.

In terms of Bitcoin, although it has not been able to break through the 120,000 USD mark and is currently hovering around 115,000 USD, the overall trend remains positive. From a long-term perspective, the upward trend that started from 49,000 USD last year is still ongoing, and it is expected to challenge the high levels of 150,000 to 200,000 USD in the future, a process that may continue until early 2026.

In the short term, the current adjustment is viewed as a normal market fluctuation. If Bitcoin can stabilize above $117,000, this round of adjustment may come to an end, followed by a challenge at the $123,000 and $126,000 levels. If it fails to hold, it may retreat to around $114,000 to seek support. Investors need to be patient and wait for new opportunities for an upward trend after the fluctuation ends.

In contrast, Ethereum shows stronger upward momentum, continuing to rise without a pullback to $3500. Technical analysis indicates that the target price level on the 4-hour chart is around $4000. If this level is broken, a pullback to the $2900-$3000 range may occur, after which there is hope for another attempt to break through $4100.

In terms of short-term trading strategy, if Ethereum successfully breaks through $3772, it is likely to continue oscillating upward to the $3900-4000 range; if it fails to break through, it may retreat to around $3580 to seek support.

From the perspective of the overall market cycle, whether it is the weekly, daily, or 4-hour timeframes, the crypto assets market is showing an upward trend. Bitcoin needs to solidify its key support levels, while Ethereum is seeking breakout opportunities. It is worth noting that August may usher in the initial stage of a small cryptocurrency (commonly known as "altcoin") market, which investors can pay appropriate attention to.

During market fluctuations, it is crucial to remain calm. Carefully observe market signals and wait for the right entry timing, which will help improve the robustness of investment decisions. As the crypto assets market continues to evolve, investors need to stay alert and closely monitor market trends to seize potential investment opportunities.