The US encryption bill has been released three times in a row + retirement funds are entering the market! BTC is strongly consolidating and waiting for a breakthrough with higher trade volumes, while ETH's main rise continues to lead the altcoin rotation. Bitcoin surged and then fell back, with long positions unable to stabilize above the 120,000 mark, once again being pressed below 120,000. However, confidence in the long positions remains. The channel remains open for upward movement, and this short-term pullback has not broken the 118,000 mark, which may lead to a new wave of rebound if it stops falling here. In the evening, continue to be bullish based on the support below and the previous low point. Ether has been making up for the rise in recent days with long positions still strong, and each round of pump has not provided a deep pullback. After reaching a high of 3674 during the day, the subsequent fall is also a relatively benign corrective movement for the current long positions. In the evening, continue to be bullish based on the 3575 line.