Correcting a typo: the rebound height is 116,000.

Since the big pancake bottomed out at 3, the rebound has shown weakness, and the height of the rebound has not reached 106000 on reduced volume. Overall, it is still in a daily downtrend channel. If the weak consolidation persists, it is likely to be a continuation of the downtrend, making it difficult to hold 112000; if the market temporarily stabilizes, it will need time to exchange for space.

Ethereum is strong again, breaking through the original upward channel; we need to observe whether it can stabilize above the middle band of the daily Bollinger Bands to maintain its strength.

Overall, the market continues to fluctuate without significant favorable factors, and the situation may gradually become clearer by the end of the month. The strategy is mainly to sell high and buy low. $BTC $ETH