Looking back at Bitcoin, it broke below the support of 113,000 on Friday, and continued to decline on Saturday, reaching a new low. The larger trend has clearly weakened, and there is a high probability of continued downward movement in the future, so our overall direction remains bearish.

Ethereum is currently at a minimum of 3,550. The medium to long term is also being validated. Currently, the rebound is limited, and all major levels are showing a bearish head pattern, so we continue to view the larger direction as bearish.

Trading Suggestions:

For Bitcoin, bearish near 114,000-115,000, looking at 116,000; short term view at 112,000; swing target at 110,000; medium to long term target at 105,000; breakout target at 100,000.

For Ethereum, bearish near 3,520-3,600, swing target at 3,300; medium to long term target at 3,100; long term target at 2,900.