Recently, the crypto assets market has experienced a wave of fluctuations. Bitcoin has begun to show a downward trend after nearly 20 days of sideways consolidation. It broke through the support level of 116,000 and hit a low of 112,600 on August 10. Technical Analysis indicates that long positions are flowing out, while short positions are gradually gaining an advantage, potentially dipping further to around 110,000 in the short term.

Ethereum broke through the $4,300 mark on August 10, hitting a new high in nearly two years, but subsequently experienced a pullback. Despite being stimulated by positive news in the short term, it failed to hold above 3,700 points, and the daily structure has weakened again. Currently, the 4-hour chart shows a slow downward trend, with a key support level around 3,560. If this level is broken, it may further dip to 3,450.

The altcoin market continues to perform weakly, lacking clear leading sectors. Many mainstream coins are in a consolidation phase after significant increases, and some leading projects have even experienced a phenomenon of 'running ahead of good news and crashing after the news lands.' Several altcoins have encountered deep corrections after experiencing sharp rises, reflecting the instability of speculative funds in the market and the lack of confidence among holders.

Overall, the Crypto Assets market is in a sensitive period. Investors should closely monitor market trends, operate cautiously, and manage risks effectively. Although the market may face challenges in the short term, the long-term prospects for blockchain technology and the development of Crypto Assets remain promising.