Bitcoin has once again fallen below the 21-day moving average of approximately 91,000. The trend looks relatively weak; although it bounced back again at 88,000, the strength of the rebound is not strong. Overall, it is still a volatile market. From a larger trend perspective, the 200-day moving average has been broken and has begun to shift from flat to downward, so the short-term outlook remains pessimistic.

Ethereum has retraced to the trend line but has not broken below it. If it can stabilize above 3,000, there is still a chance for a rebound. However, if it breaks below, it would be best not to hold onto any illusions.

Additionally, this week is also a typical week influenced by macro data, with news coming in one after another: non-farm payrolls, inflation, speeches from Federal Reserve officials, and the Bank of Japan's policy meeting all coming together, making it clear that this week will not pass quietly.