The market has made a significant breakthrough today, with the price of Bitcoin successfully breaking through the $120,000 mark, once again setting a new historical high. This milestone event coincides with the U.S. Crypto Assets Week, further boosting market optimism.

According to technical analysis, Bitcoin prices may encounter some resistance in the range of $119,800 to $120,100, and investors should closely monitor the support levels of $118,500 to $118,000.
At the same time, the price of Ethereum (ETH) is also showing an upward trend, with adjustments likely to occur in the range of $3,015 to $3,035, and the next key support level is around $2,970 to $2,950.

It is worth noting that large institutional investors like MicroStrategy continue to increase their holdings in Bitcoin, demonstrating institutional confidence in the long-term value of Crypto Assets. Additionally, the sentiment around meme coins in the market has also warmed up, but investors should approach these high-risk assets with caution.

As Bitcoin hits a new high, other major crypto assets like Ethereum (ETH) and Ripple (XRP) are also positively affected. Investors should closely monitor the trends of these coins while being vigilant of potential short-term pullbacks.

Overall, the current Crypto Assets market shows a strong upward momentum, but investors should remain cautious, manage risks effectively, and pay attention to market changes and regulatory trends.