Bitcoin: Over the weekend, it attempted to breach the $80,000 mark twice but failed. Early Monday, it dropped to $77,800 alongside the U.S. stock market, forming a double bottom pattern on the daily chart.

Ethereum: The flash crash early Saturday morning made $1,537 a critical point for bulls and bears. This position not only serves as a support level for the 30-day moving average but is also the breakeven point for $560 million in leveraged positions across the network. Currently, the weak rebound at $1,620 shows signs of fatigue; if it cannot recover the $1,680 level within 24 hours, a second bottom testing may occur. #CryptoMarketCorrection

Altcoin Market: Binance's perpetual contract funding rate hit a three-month low, and the depth of OKX's altcoin trading pairs plummeted by 43%, reminiscent of the liquidity exhaustion seen before the March 12, 2020, crash.