BTC

Currently, BTC is still expected to move around this range, and even over the weekend it has been a straight line with not much fluctuation. At this position, the four-hour level is about to choose a direction. It is important to pay attention to whether the defensive level at 116300 can hold. Meanwhile, in the short term, we need to observe if it can stabilize above 118400 if it is bullish, or break below 116300 if it is bearish, to see which direction it will take. Overall, it is mainly fluctuating during the day.
ETH
Ethereum's current trend is indeed strong, but at this position, we also need to pay attention to the four-hour level. The four-hour level is gradually forming a high position short pattern, but the overall direction is still upwards. The downward pullback at this position will not be very deep, as there is no divergence yet. Therefore, during the day, we need to focus on whether the position of 3642 can hold effectively. If it can hold, it will challenge a new high; if it cannot hold, it will form a double top and then repair the four-hour chart. The support below is at 3540 to 3465. In summary, both bullish and bearish opportunities exist in the short term, and a significant drop is not expected.