Last Thursday evening, Bitcoin failed to stabilize at 110,000, while Ethereum faced pressure around the 2636 line, leading to a pullback in the market. Currently, Bitcoin has been consolidating around 108,000 over the weekend, and Ethereum is also oscillating within a 50-point range. Given that Bitcoin has not stabilized at 110,000, it is certain that further pullbacks are needed, so the subsequent outlook is bearish!