Recently, the Crypto Assets market has shown signs of weakness, and the market performance has been less than satisfactory. In yesterday's trading, the strategy of shorting in the range of 107200 to 107500 could not be implemented because the price did not reach the expected high point. On the contrary, Bitcoin encountered resistance at about 106500, which is the fair value gap (FVG) on the 4-hour chart, and then began to decline, completely erasing the rise from the previous 4-hour period.

As previously analyzed, the market failed to quickly repair the important daily bearish candlestick from June 17. Even if the price retraces to the potential long area of 102500-101500, any operations initiated here can only be regarded as short-term rebound opportunities, with little expectation for a larger rise. Currently, attention can be focused on the fair value gap performance in the range of 104500 to 105300 on the 1-hour chart.

During the weekend, the market may continue to maintain a volatile trend, primarily due to a significant shrinkage in trading volume and a lack of clear direction. Investors should remain cautious and wait for more definitive market signals to emerge.