Currently, the daily chart has formed a standard bull flag pattern, and almost everyone has short orders around the 108000 level of BTC, managing the risks.

Our layout is:
As long as we break through around 108888-109000, we will close our short orders and be alert for a breakdown. BTC has been oscillating at this position for too long, and the purpose of the oscillation is either to accumulate or to offload. There will definitely be a breakout from the oscillation; the longer the horizontal movement, the more vertical it will be. Therefore, the direction is almost opposite to that of retail investors. When most people are bearish, we have to think in the opposite direction, just like when everyone was looking at 110k, we were looking at a break below 100k. Now that everyone is looking down, we may need to consider the possibility of going up. For ETH, looking at the short-term position, we can gradually enter around 2375 and 2345. However, ETH and BTC have a time lag and are not synchronized, so during this period, ETH may still need to wash out. The lowest point to watch is around 2235. It's not a good time to enter long orders for BTC, but we should enter long orders for ETH. We don't want to scare away anyone's short orders, but we hope everyone can manage their risks.
Personal analysis, please do not criticize if you dislike.