BTC

Currently, BTC is still expected to move around this range, including the weekend, which has been a straight line with not much fluctuation. At this position, the four-hour level is about to choose a direction. It is important to pay attention to whether the defensive level at 116300 can hold. Meanwhile, in the short term, we need to watch if it goes bullish and stands firm at 118400, or if it goes bearish and breaks below 116300, to see which direction it will take. Overall, the day is mainly characterized by oscillation.

ETH
Ethereum's current market trend is indeed strong, but at this position, it is also important to pay attention to the four-hour level. The four-hour level is gradually forming a high-level short position, but the overall direction is still upward. The downward pullback at this position will not be very deep, as there is currently no divergence. Therefore, it is crucial to focus on whether Ethereum can effectively hold the position at 3642 during the day. If it can hold, it will challenge a new high; if it cannot hold, it will form a double top and then repair the four-hour chart. The support below is at 3540 to 3465. In summary, both bulls and bears have opportunities in the short term, and a significant drop is not expected.