Bitcoin needs to break above 116,000 to be bullish in the short term, while Ethereum faces pressure at the 3,700 USD level.

Market Macro Background: The U.S. government shutdown is expected to end, boosting sentiment for risk assets, but the Federal Reserve faces a balancing act in the economy, and the payment capacity crisis for low- to middle-income households may pose a risk of recession.

Bitcoin Market Trend: Divergence of bullish and bearish views, with key technical levels being closely monitored. In the short term, it needs to stabilize above 116,000 USD on a daily basis to turn bullish; if it falls below 100,980 USD, the next support level is at 93,400 USD.

Ethereum Market Trend: There is strong resistance at the 3,700 USD level from nearly 870,000 ETH, and it needs to hold the support at 3,365 USD in the short term. Optimistic views suggest that the midterm elections, fiscal stimulus, and friendly regulations may drive prices up to 5,000 USD.

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