The number of whale holdings has plummeted, and big funds have fled. Referring to the decline at the end of 23, we have to wait for the return of funds to form a new round of market conditions.

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On the other hand, ETF funds have also shifted from inflows to outflows, and the popularity of SOL pre-sales has dropped significantly, indicating a lack of new funds and attention to the risks of chasing prices.

BTC:

BTC is flat along the 5-day line, with heavy volume on the hourly line, confirming the bottom support. The upper US$66,756 is the key point of the resistance line. As the volume of bulls weakens, BTC enters a triangle convergence trend. Only when BTC exceeds US$66,756 in heavy volume can it quickly rise and strengthen. Next, BTC rose to test $66,756.

Resistance levels: 66756, 68357, 69982

Support levels: 64072, 62758, 61234图片

ETH:

There are many large amounts of on-chain ETH transferred to BN, which has a negative selling pressure effect on ETH. The hourly line confirms the bottom divergence trend, and ETH enters a short squeeze market. The upper US$3,567 is the key resistance point of the box. Only by standing firm at US$3,567 can the bottom be strengthened, starting a new round of short squeeze, and then ETH rises to US$3,567. .

Resistance levels: 3567, 3665, 3742

Support levels: 3375, 3226, 3134

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