[Ansem: From a technical perspective, the market has entered a momentum exhaustion phase] Odaily Planet Daily reports that crypto KOL Ansem stated that clear SFP (Swing Failure Pattern) formations can be observed in the weekly charts of XRP, SOL, and ETH, indicating that the market trend resembles momentum exhaustion rather than the start of a new bull market. He pointed out that this situation is similar to LTC's trend in 2021, and BTC's price has now fallen below its 2024 high. Ansem believes that the broad distribution phase lasting 10 months may be nearing its end, with the market lacking new narrative-driven momentum. MSTR has fallen below the 200-day moving average for the first time since its peak in November last year, turning it into a resistance level, which reflects a weak market structure. He added that unless BTC regains the $112,000 level, it will be difficult to change the current bearish outlook.