Yesterday, major funds quietly exited before the US market opened, and the subsequent rapid decline was not unexpected. The market has two possible trends ahead: sideways consolidation or a deep correction followed by a surge, both of which are healthy recoveries.
The short-term target for Bitcoin remains at 125,000, with the structure intact, and in the medium to long term, it looks towards 150,000.
Ethereum has completed a moving average breakout, with the technical outlook strengthening; it is expected to challenge 3,400 USD in the short term, with clear logic for a rebound.
Focus on key support levels of 116,500-117,000, which are critical defense zones for the US market, and it is difficult to break below.
