Bitcoin is currently under pressure at the 98,000 level, with very dense order books above. The market is at a crossroads, either breaking through or pulling back. From a technical perspective, institutions continue to accumulate, but they also face macro policy constraints. These factors combined make it quite challenging to break new all-time highs in one go. In the short term, a correction is highly probable.

The key support level is in the 93,500 to 94,000 range, which should be closely watched. Once it drops below this, it should be able to hold a wave.

Ethereum's situation is similar. There is heavy resistance near the previous high, and recent high-level trading has been frequent. Both retail and institutional investors are testing, and liquidity has been noticeably consumed. The next step depends on how deep the correction will be; its support performance should stay synchronized with Bitcoin.

Operational considerations are as follows:
- Consider going long if it retraces to the 93,500-94,000 level, with stop-loss set properly
- Short-term short positions can be arranged between 97,500-98,000, as this is indeed a strong resistance zone