The rebound strength of BTC after the second test yesterday is very weak, which indicates that the current BTC trend is showing a bearish market. According to the current trend, the support defense in the 1128-1135 range should be monitored. This support defense level is also the current rebound position. If this position is reached and the support holds, further upward movement can be expected in the 115-116 range. ETH also reached around 4350 in its second test rebound, but it did not firmly hold above. Based on today's trend, the current support level is in the 4200-4250 range. However, considering ETH's strong performance, it may not necessarily pull back to this range. Just pay attention to this defensive support range. If it stabilizes above 4350, we can directly look at the 4500-4600 range. The key point is to monitor whether 4600 will stabilize and break through. If the 4600 level can break and stabilize, the market will attack historical highs again. Conversely, if it cannot break and stabilize above 4600 before the end of the month, and the rebound to the 4500-4600 range fails to break through, then we can start to look for short positions.