Bitcoin is currently showing a 4-hour triangle consolidation pattern, with the lows continuously rising, indicating that the bulls are relatively stronger, and it is now waiting for a breakout at a key price level.

1. On the market side, both the secondary trading market and the primary issuance market are very active. Many people are recommending projects like Hippo in September, Goat in October, Pnut in November, and the current RIF.

2. Ethereum swing trading situation:

There is an Ethereum swing 'whale' (large trader) who, after Ethereum surged to $3400 a week ago and began to pull back, entered at $3300, betting that Ethereum would continue to rise. However, 6 hours ago, that trader chose to cut losses and liquidate, selling at $3181, resulting in a loss of $1.22 million. This marked the failure of their 16th round of swing trading; historically, they have had 13 successes and 3 failures out of 16 swing trades.

3. The PIXEL project has unlocked tokens worth approximately $12 million, with the unlocked amount accounting for about 1% of the total supply.

4. Many altcoins are in a downtrend, with almost no rebound strength. It is recommended to wait for a volume-driven rebound before considering entry.

5. The total amount of Bitcoin held by the US spot Bitcoin ETF has reached nearly 96% of the amount owned by Satoshi Nakamoto.

6. Some people are already claiming that the bull market has ended, but in the long run, this is clearly impossible; on the contrary, it is believed that the bull market has just begun.