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BTC: The price of Bitcoin tested the key support level of 112,000 again in the early morning. This level has been tested multiple times, and the rebound strength is not very strong. It is highly likely that it will break down again. The critical support below is around 110,000, which is also the strong support area of the 15-day EMA on the weekly chart. This is the last defense for the bulls.

ETH: The trading volume of ETH has been rising recently, indicating that both ETF institutions and retail investors are buying. Ethereum is performing slightly stronger and is still in an upward trend on the 4-hour chart, without breaking below previous levels. The key support below is around 4,090-4,120.

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