The Crypto Assets market has once again demonstrated its sensitivity to market news. The price of Bitcoin has shown strong upward momentum, surging by 5000 points in a short period and directly challenging the 117000 daily chart resistance level. After the breakout, the market focus has shifted to the key defensive position of 118300.

In the upcoming trades, investors need to closely monitor the performance of these two important resistance levels. If a pullback occurs, the range from 114700 to 114000 will become a key support area. As long as the price can stabilize within this range, the market will confirm a shift to a bullish trend, and investors can consider looking for long opportunities in this range. However, if the price falls below 114000, the market trend may weaken again.

At the same time, Ethereum's performance is stronger, breaking through all resistance levels on the daily chart, reaching a high of 4670. In the short term, the range of 4480 to 4400 will become an important pullback support zone. As long as the price can hold above 4400, the bullish pattern will remain unchanged, and investors can consider placing long positions in this area. However, if it falls below 4400, it is recommended to exit in a timely manner.

For the upward target of Ethereum, investors can pay attention to the recent high of 4670. If this is broken, the next target range is between 4750 and 4800. 4880 is an important defense level. Unless the price falls below 4400 again, the overall market sentiment remains optimistic.

In this rapidly changing market environment, investors need to remain vigilant, closely monitor market trends, and make informed investment decisions based on their own risk tolerance. At the same time, it is also important to be aware of the high volatility of the Crypto Assets market, manage positions appropriately, and implement effective risk management.