$btc $eth rebounded after receiving support at 11500 and 4200 respectively last night. After touching the 5-day line on the daily chart, it began a second test. As mentioned yesterday, the data on Bitfinex is good, indicating that someone is selling in the spot market. Based on this, it is expected to consolidate around 115000-113000 in the near term.

$btc has not yet closed a candle today; all are solid bearish candles, and there is a probability it will reach around 113500; $eth's rebound at 4250 is poor, with expectations of reaching 4156 today;

Although the altcoin market has started to drop following the mainstream coins, most trends have not changed. As mentioned yesterday, once the mainstream coins stabilize and consolidate, a significant rebound will follow.