#BTC#ETHcontinues to consolidate in a weak position

——September 1 market data report:

On-chain data shows that#BTCselling pressure has flattened, and#ETHselling pressure has increased. The strength of the support has decreased. The market continues to accumulate momentum in a weak consolidation, and ETH may continue to decline. ETF outflows are large.#BTC#ETH short-selling power has not been fully released, and it is unlikely that the market can continue to rise. ETH's short-selling power is greater.#BTC#ETH contract holdings are flat at a low level, and there is a possibility of continuing to fall. The funding rate is unable to recover.

BTC

Short-term support level 58498

Short-term pressure level 59502

Medium-term support level 57703

Medium-term pressure level 60339

ETH

Short-term support level 2488

Short-term pressure level 2550

Medium-term support level 2422

Medium-term pressure level 2612

The above information is for reference only and is not intended as investment advice.