BTC: Yesterday, Bitcoin formed a 'small bearish candle', indicating that the bears have a slight upper hand. From a weekly perspective, it formed a 'gravestone doji', which is a typical signal of a shift from bullish to bearish, suggesting significant selling pressure above. Currently, the market has accumulated considerable rebound momentum during the downtrend, but due to multiple layers of resistance above, the rebound may be limited. Additionally, the daily trading volume has been continuously shrinking recently, indicating a strong wait-and-see sentiment in the market, which requires external capital inflow to drive the trend.

Overall, after the US market opens tonight, the recovery of liquidity may provide some support to the Bitcoin market. If the ETF funds flow back as expected, it will help a short-term rebound, but caution is still needed until it breaks above $98,500, as it may continue to test support near $90,000.

ETH: Yesterday, Ethereum formed a 'small bearish candle', and the daily chart has repeatedly tested the 60-day moving average level. Multiple moving averages are overlapping on the daily chart, indicating concentrated positions, and a rebound from oversold conditions may occur this week. Resistance levels are around: 3660; near 3720;