After experiencing a strong pump for a week, many institutions chose to take some profits. The market falls more than it rises, but overall trends towards stability.

The price has entered a pullback correction after testing the 119200 level, currently oscillating around 117700. Yesterday's low bounced back above 116000, initially confirming the support of the secondary low. Short-term downward momentum shows signs of weakening, but the overall bearish pattern has not yet reversed, and the Fan rebound strength remains limited, currently in a range-bound oscillation. This oscillation is used to digest emotions and repair the Fu indicators. With the weekend approaching, I personally expect the overall volatility will not be too large, basically running around the range.
Currently, the short-term pressure for Bitcoin is at the 120,000 level, with support at the 115,000 level; Ethereum's strong pressure is at the 5,000 level, with support at the 4,200 level.