As Bitcoin broke below the previous day's low yesterday, it once again dipped to 112,000. Ethereum also experienced a pullback yesterday, but the depth of the pullback was smaller, and the trading volume during the decline was also very low, indicating that the selling pressure for Ethereum is relatively weak.

In addition, Ethereum spot ETF saw a net inflow of $288 million yesterday, ending a consecutive four-day net outflow, which means that buying pressure for the Ethereum ETF has recovered.

Overall, the probability of Ethereum breaking through the short-term supply line upwards is greater.