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The American encryption bill has been launched three times in a row + retirement funds are entering the market! BTC is strongly consolidating and awaits a breakthrough with higher trade volumes. ETH's main rise continues to lead the altcoin rotation. Bitcoin has seen a pullback after a surge, and the long positions have not managed to hold above the 120,000 level, once again being pressed below it. However, there is still confidence in the long positions. The channel remains upward, and this short-term pullback has not broken the 118,000 level, which could form a new wave rebound if it stops falling here. This evening, we can continue to remain bullish relying on the support below and the previous low point of the pullback. Ether has been making up for gains in recent days, and the long positions remain strong. Each round of pump has not provided depth pullbacks, and the pullback after reaching around 3674 during the day is also a relatively healthy correction for the current long positions. This evening, we can continue to remain bullish relying on the 3575 level.

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