1.8 Market Watch: The rebound has not yet ended

1. BTC and ETH have both shown continuous net inflows over the past 3 days; yesterday, IBIT recorded a net inflow of $370 million, reaching a new high in the past 3 months.

2. After breaking through the previous high of 94,588, BTC began to retrace, and is now forming a pattern on the daily chart where both highs and lows are gradually rising.

3. During the retracement phase, pay close attention to the support level around 90,100, which is the key position where resistance and support have switched from the previous prolonged narrow-range consolidation period.