Recently, the Crypto Assets market has shown an intriguing technical pattern. Over the past few months, the price movement has gradually converged into a triangle, with highs progressively dropping and lows gradually rising, causing the range of price Fluctuation to continuously narrow, and it is now close to the apex of the triangle.

From a technical analysis perspective, this triangular pattern is often seen as a phase of strength accumulation. If the price can break through the upper boundary of the triangle, it is often considered a bullish signal, suggesting that a wave of upward movement may be imminent.

For Bitcoin (BTC), the current price is fluctuating in the range of 117,500 to 118,000 dollars, and if it can break through, it may rise to the range of 119,500 to 120,000 dollars. Ethereum (ETH) is hovering around 3,770 to 3,790 dollars, and after a breakthrough, it may test the range of 3,840 to 3,860 dollars.

This technical formation offers investors potential trading opportunities, but it also requires caution. Market participants should closely monitor price movement, especially whether it can break through the current triangular formation. At the same time, other market factors and fundamentals should also be considered to develop a more comprehensive investment strategy.