Recently, the cryptocurrency market has shown a positive trend, with multiple favorable factors driving the market steadily upward. Trump has expressed support for including crypto assets in retirement investment options, which has greatly boosted market confidence, especially providing strong support for Ethereum. Meanwhile, expectations of a possible interest rate cut by the Fed in September are continuing to heat up, attracting more institutional funds to flow in and injecting new vitality into the market.

In such a macro environment, Bitcoin maintains a high-level consolidation trend, with support gradually rising. Currently, a key support has formed around $115,000, and if it can firmly stand above this position, the market is expected to continue its upward trend. It is worth noting that Ethereum has been continuously favored by institutional funds, becoming the focus of market attention, and may迎来 a new round of increases in the short term, with the resistance level around $3,900 being worth close attention.

For investors, it is necessary to maintain a cautiously optimistic attitude under the current market situation. If the market continues to rise, consider cautiously shorting when Bitcoin reaches $117,500 and Ethereum hits the range of $3,890-$3,910. If there is a pullback, one can choose to go long when Bitcoin falls to around $115,000 and Ethereum retreats to the $3,730-$3,750 area.

Overall, the Crypto Assets market is at a critical juncture, with favourable information on the policy front and the continued influx of institutional funds bringing new opportunities and challenges to the market. Investors should closely monitor market trends and reasonably manage investment risks and returns.