The rebound momentum of $BTC is not strong; it was suppressed and fell back before reaching 116000 yesterday. Overall, the structure has not been damaged temporarily. The focus will still be on whether there is dense selling pressure above 116000, but the direction should continue to move upwards.

$ETH shows significantly stronger performance, with less room for decline. There is still a chance to test 3800 in the short term to see if it can stabilize. However, if it rises too quickly, it may easily lead to technical divergence. The resistance around 4000 remains critical.

Shanzhai Market

Yesterday, the SEC released positive signals regarding ETH staking, which drove a wave of increases in staking-related tokens, especially the market's acceptance of shell companies participating in staking arbitrage. This may temporarily boost the demand for staking. Positive for LDO, ETHFI, JTO.