Bitcoin (BTC) is currently in a high volatility range (108,000 - 113,000 USD), with a technical support level at 108,000. If it breaks below or retraces to 105,000; breaking through 113,000 may lead to an attack on 117,000 - 120,000 USD. Institutional ETF funds continue to flow in (such as BlackRock with over 200 million USD inflow in a single day), providing medium to long-term support, but short-term selling pressure risks remain.
Ethereum (ETH) needs to pay attention to the 3,500 USD resistance level, as a breakthrough may trigger a 1 billion USD short squeeze and drive a rebound. If the ETH/BTC exchange rate stabilizes above 0.04, it may initiate a catching-up rally.
On a macro level, expectations of interest rate cuts by the Federal Reserve and progress in Sino-U.S. tariff negotiations may trigger volatility. It is recommended to strictly set stop-loss for short positions in the short term (BTC 115,000 / ETH 3,600), while in the medium to long term, one can accumulate mainstream coins and ecological projects at low points.
