Recently, the crypto assets market has shown a strong rise, with Bitcoin (BTC) and Ethereum (ETH) demonstrating remarkable performance. Analysis indicates that these two major crypto assets are in a positive growth phase, with overall market sentiment being optimistic.

Bitcoin has successfully broken through the psychological barrier of $120,000, while Ethereum has conquered the important resistance level of $4,600. This upward trend is supported by a continuously increasing trading volume, indicating that market participation is on the rise.

Macroeconomic factors are also driving this wave of rise. The inflation data (CPI) performed well, coupled with market expectations for interest rate cuts, injecting positive factors into the Crypto Assets market. Meanwhile, the U.S. stock market continues to hit new highs, further boosting investor confidence.

Technical analysis shows that the Bollinger Bands are widening upwards, the MACD indicator indicates that the rising momentum continues to strengthen, and the KDJ indicator has formed a golden cross above the zero axis. These signals all suggest that there may be further increases in the short term.

For Bitcoin, if it can break through the upper resistance of $121,500, it may continue to explore near $123,000. As for Ethereum, if it can maintain its current momentum, it is expected to test the range of $4,700 to $4,800.

Despite the strong market performance, investors should remain cautious. The volatility of the Crypto Assets market is significant, and it is recommended to buy moderately at low points while closely monitoring market changes and adjusting strategies in a timely manner. As the market continues to develop, we will keep an eye on this exciting trend and its impact on the entire encryption ecosystem.