In the early hours of today, the price of Bitcoin has been fluctuating within a key range in the crypto assets market. Currently, the resistance level around $118,500 is particularly prominent, with the price attempting to break through multiple times but failing to succeed. In the short term, Bitcoin may maintain this oscillating state, with the support level located near $117,000.

Ethereum's performance is similar to that of Bitcoin, also showing a fluctuating trend. There is strong resistance near $3780, while $3700 serves as an important support level. Overall, the market sentiment is cautious, with a fierce battle between bullish and bearish forces, as investors await clearer directional guidance.

For Bitcoin, the range of $118,500 to $119,000 may be a potential shorting opportunity, with a target price around $117,000. Meanwhile, Ethereum may face shorting pressure in the range of $3,840 to $3,920, with a target price around $3,700.

In the current market situation, investors need to remain vigilant and closely monitor price trends and market signals. At the same time, risk management should also be considered, making decisions based on one's investment strategy and risk tolerance. The market direction in the coming days may provide important clues for the medium to long-term trend, which is worth continuous attention.