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Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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This morning, the crypto assets market showed positive signals. The short-term technical indicators for Bitcoin and Ethereum indicate a rise trend, especially the KDJ indicator forming a golden cross pattern on the hourly and 4-hour charts, which usually suggests that prices may pump.
Bitcoin is currently hovering near the upper Bollinger Band, indicating that it still has the potential to rise. However, investors need to remain vigilant and manage risks effectively. It is expected that Bitcoin may find support in the range of 117,000 to 117,500, and if it breaks through this range, the next target price could be between 118,500 and 119,000.
Ethereum is also showing bullish signals. It may find support in the range of 4,410 to 4,440, and if it can break through this range, the next target price could be between 4,500 and 4,530.
Although the short-term outlook is promising, the cryptocurrency market has always been highly volatile. Investors should act cautiously and implement risk control. Market conditions can change at any time, and it is crucial to continuously monitor market dynamics and various influencing factors.