This week, the Crypto Assets market welcomes a new trading cycle, with the trends of Bitcoin (BTC) and Ethereum (ETH) being particularly noteworthy.

In terms of Bitcoin, it may reach a resistance level of 115,000 to 116,000 in the short term. Currently, BTC is approaching the resistance level of 115,000. Investors should closely monitor potential short opportunities near 116,000 while being cautious of the key resistance at 116,700 on the daily chart.

It is worth noting that this week coincides with the weekly chart conversion. Before the daily chart can firmly hold above 116,000, BTC may retest the support range of 112,000 to 111,000. This range is not only a weekly level support but may also become a key position for the bull-bear market conversion. As long as the weekly close does not fall below this support range, the overall market may still maintain a bullish trend.

For investors looking for long opportunities, consider entering with a small position when the price retraces to the aforementioned support zone, with a stop loss set at 110,000. Another strategy is to wait for the daily chart to stabilize at 116,000 before considering going long. If the price falls below 110,000 this week, be cautious as it may drop towards the vicinity of 107,500.

Regarding Ethereum, it is currently still in a daily-level correction trend, and the current rebound is only at the 4-hour level. The main resistance level for the rebound remains in the range of 3,600 to 3,685. Until the daily chart breaks through 3,685, the overall market tendency is bearish. The intraday support level is around 3,500, and if this position is broken, the current rebound may come to an end, with the next support target range around 3,350, 3,240, and 3,150.

Overall, the crypto assets market remains highly volatile, and investors need to exercise caution, closely monitor key price levels, and adjust their strategies in a timely manner based on market changes.