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On July 22, the Crypto Assets market experienced severe Fluctuation again. As of 12:43 PM, the price of ETH fell to 3690, breaking the 3680 key support level, raising concerns about the market's future.
This week, the market has shown a clear bearish trend. Notably, a strong rebound that occurred around 9 a.m. seems to have been just a flash in the pan, as the price quickly fell back afterward. This price movement has raised some investors' suspicions about possible manipulation in the market.
Currently, the market generally expects the upcoming trend to exhibit a 'falling' pattern, which means a slow but continuous decline. This pattern may see a brief rally at some point, followed by another significant drop.
For specific support levels and resistance levels, further observation and analysis are still needed. Market participants should remain vigilant and closely monitor price trends and changes in trading volume in order to adjust their investment strategies in a timely manner.
In such a fluctuating market environment, investors need to remain calm and manage risks effectively. Excessive trading may increase the risk of losses, and it is advisable to take sufficient rest before making important decisions to ensure a clear mind.
Overall, the current Crypto Assets market is still filled with uncertainties, and investors should act cautiously, manage their positions wisely, and keep an eye on market trends and relevant news.