Recently, the crypto assets market seems to have encountered new variables. Many investors are still looking forward to new highs, but unexpectedly faced resistance above the 120,000 position, resulting in their holdings being trapped.

Market development should follow its intrinsic laws. A pattern of intertwining bulls and bears is often more conducive to the healthy development of Bitcoin and Ethereum markets. It is noteworthy that for contract traders, the rise and fall are not the primary considerations. As long as there is a clear trend in the market, profit opportunities can be created regardless of whether it is bullish or bearish.

Although the short positions at the 110,000 level have been released, the long positions above 120,000 may take longer to turn a profit. According to the four-year cycle theory of Bitcoin, reaching a peak in August is logical. However, the upcoming 'Golden September and Silver October' market may provide an opportunity for bulls to release their positions. Nevertheless, investors should also be cautious to avoid becoming the last batch of 'guardians' trapped at high positions.

In the current market environment, investors need to remain rational, closely monitor market trends, and adjust their investment strategies in a timely manner. Whether bullish or bearish, a comprehensive risk management system should be established to cope with market uncertainties. At the same time, for long-term holders, it may be more important to focus on the fundamental developments and long-term value of Bitcoin, rather than short-term price fluctuations.