Midnight Perspective

1. BTC

Bitcoin is likely to maintain a volatile correction pattern, with $108,500 becoming the dividing line for bulls and bears. The technical triangular formation converging and on-chain selling pressure create short-term bearish sentiment, but institutional funds buying on dips may limit downside potential. If it holds above $108,500, it may rebound to test $110,000; if it breaks support, the target could be in the range of $106,000-$107,300.

2. ETH

Likely to fluctuate in the range of $2,500-$2,580, with the dividing line for bulls and bears at $2,550. Insufficient technical volume and on-chain selling pressure create a risk of correction, but inflows of institutional funds (BlackRock ETF) and short-seller stop-loss levels provide potential upward momentum. If it holds above $2,550, it may test the resistance at $2,600; if it falls below $2,530, be cautious of a rapid correction to $2,500. It is recommended to focus on swing trading, with strict stop-loss measures, and to closely monitor U.S. stock market sentiment and on-chain whale dynamics.