In terms of price, Ethereum reached around 4200 and has now rebounded to about 4300. The first resistance level today is around 4400. Only by breaking and holding this position can it challenge 4550 or even the previous high of 4800. If 4400 fails to hold, it may test the validity of the support at 4150-4050 again.

Bitcoin has been relatively weak recently, with the resistance level to watch around 115000. Only by breaking and holding this level can it challenge the strong resistance at 118000; otherwise, it will likely retest the psychological support at 110000.

For the current market at this node, just look at the support and resistance, there's no need to adopt a wave trading mentality; the long-term trend remains the most important.

Yesterday, an ancient whale exchanged Bitcoin, which they held for 7 years, for Ethereum, worth 235 million. It's understandable that Ethereum is performing stronger than Bitcoin. Since June, market attention has shifted to Ethereum, and it's not ruled out that it may switch back to Bitcoin later, as the consensus around Bitcoin is the strongest. However, it's clear that Ethereum currently has more room than Bitcoin, with ETF staking expectations and continuous buying from listed companies creating a stark contrast in space between Bitcoin and Ethereum.

The logic of speculation in altcoins has also greatly changed; there is no longer a comprehensive surge as before. Only those with capital attention have the opportunity to rise. SOL performed well last year, switching to Ethereum this year, but altcoins are still lying still. If heavily invested in previously hot altcoins, even though Ethereum is now close to its historical high, it is still on the road to recovering costs, just like when Bitcoin was still at a high of 70,000 but Ethereum washed out to around 1400. Therefore, participating in this market should not be too stubborn; one should go with the flow. We should participate in whichever variety has logic, strength, and capital attention, without feeling overly confident, as this might lead to being a mere participant in the race!

Now is the time for the strong to remain strong, focus on strong stocks, and seek participation opportunities. As long as there is logic and market signals for capital inflow, we should boldly lay out our plans, such as applying for ETF expectations and crypto funds reserves. These have been key points emphasized by Mr. Crab over the past two months. Let the market differentiate, and leave the rest to time.