BTC: Bitcoin closed with a "tombstone line" yesterday, which is a typical top reversal signal, indicating that the long side is weak in the upward attack, the short side gradually begins to take the initiative, and the short-term market sentiment turns cautious.
Overall, the short-term market trend is weak, and it is expected to undergo a small correction to test the support downward. Considering the continued net inflow of ETF funds, the correction will be relatively limited. At present, the end time of this round of adjustment may continue until January 2025, and wait patiently for market sentiment to pick up again.
ETH: Ethereum closed with a "small negative line" yesterday, and has been pulled back to the 20-day moving average. Ethereum's long-short ratio data has always been high, which may also be a factor that has been hindering Ethereum's rebound. Patiently wait for this round of correction adjustment. After the adjustment, Ethereum is expected to usher in a new round of rebound. Pressure reference: around 4500; around 4870;