Recently, the Crypto Assets market has shown a strong pump trend, with Bitcoin and Ethereum performing particularly well.

The price of Bitcoin is fluctuating between $11,600 and $11,750, with market participants closely watching the key resistance level at $1,186. If this level is broken, it is expected to further challenge the $12,000 mark. Currently, Bitcoin is still at the end of a descending wedge pattern, but has not yet shown any clear signs of a rebound.

Meanwhile, Ethereum has broken its historical high, attracting a large influx of funds. Market analysts expect that if Ethereum can break the resistance level of $4,910, it may continue to rise.

Factors driving the strength of the Crypto Assets market include the dovish signals released by Federal Reserve Chairman Powell and the continued warming of market expectations for a rate cut in September. These macro positive factors have injected new vitality into the Crypto Assets market.

For traders, the current market volatility provides opportunities for two-way operations. It is recommended to buy low and sell high within the Bitcoin range of $11,630 to $11,750, while closely monitoring breakthrough situations to seize potential trending opportunities.

It is worth noting that the Crypto Assets market carries high risks, and investors should operate with caution and manage risks effectively.