In the early morning of October 1st, the Crypto Assets market welcomed a new round of Fluctuation. Affected by the interest rate cut news, Bitcoin briefly rose to $14,800 and the 43 line, but then experienced a pullback. The market is currently entering a Sideways consolidation phase again, with certain support below.

From a technical perspective, Bitcoin is showing a downtrend on the four-hour chart, and a weak rebound may occur in the short term, with key resistance levels to watch around $4150 and $13600. The monthly chart is about to close, showing a bearish candlestick pattern, indicating that bearish pressure still exists, but Bitcoin is relatively strong. Investors should closely monitor the pressure situation around the $14500 level.

On the daily chart, Bitcoin has started to rebound after a significant decline, but it is currently in a pullback phase. Today's candlestick shows a bearish line, indicating that sellers dominate in the short term. The 4-hour chart shows a continuous downward trend since the peak, currently forming a long upper shadow and a bearish candlestick, reflecting significant selling pressure. In terms of technical indicators, the 4-hour MACD histogram is shortening, with both DIF and DEA approaching the zero line, indicating weakening momentum; the market may enter a sideways or adjustment phase.

For trading strategies, it is recommended that investors consider shorting Bitcoin around $13,500 and $14,000, with a target price towards $12,000. As for Ethereum, opportunities for shorting can be sought around $4,140 and $4,170, with a target price near $4,060.

It is worth noting that the approval results for the Crypto Assets ETF will be announced in October, which may have a significant impact on the market. Investors should closely monitor relevant news and adjust their trading strategies in a timely manner.