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

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

ETH：Yesterday, Ethereum formed a "small bearish candle", and has tested the 60-day moving average multiple times at the daily level. Multiple moving averages are overlapping at the daily level, indicating a concentration of positions, and this week may welcome an oversold rebound. Resistance levels to watch: around 3660; around 3720;