This week's analysis of the Bitcoin and Ethereum market

This week, the capital of Bitcoin spot ETFs has shown a mostly outflowing trend, which means many investors have chosen to withdraw their funds.

However, even though capital continues to flow out, the price of Bitcoin remains relatively stable, and there has been no collapse, which is worth pondering.

From the trend perspective, this round of pullback is worth paying attention to. According to the rules, this pullback needs to drop to the previous breakout point of 98000 and the 4-hour support level, which means it needs to dip to around 89000, after which a new bull market is expected to begin, with the price aiming for 113,000.

Now let's talk about Ethereum, whose trend shows a very obvious weak pattern, unable to break through even the pressure level of 3560, and the price continues to decline.

It can be imagined that investors who previously went long on Ethereum around 100,000 may face a situation of being trapped.

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