Data Analysis:

From the current clearing map, the market and Ethereum are dominated by short positions.
The current price of Bitcoin is $112,600. If it rises to $114,600, it is expected to liquidate shorts of about $1.322 billion. If it falls to $110,600, it is expected to liquidate longs of about $1.3 billion.

The current price of Ethereum is $4243. If it rises to $4343, it is expected that approximately $1.5 billion worth of shorts can be liquidated. If it falls to $4143, it is expected that approximately $1.3 billion worth of longs can be liquidated.

ETF Fund Flows (Yesterday)
BTC Spot ETF: Outflow of $66.9 million
ETH Spot ETF: Inflows of 54 million USD
SOL Spot ETF: Outflow of $2.9 million

Market Viewpoint:
Market direction: Overall fluctuations are leaning downward. From the current market and Ethereum trends, the 4H is still in a downward trend, while on the daily level, it is mainly oscillating. The market is primarily waiting for Powell's speech at 10 PM tonight, which will affect the market trends. I personally believe that there will be significant fluctuations tonight, so I recommend everyone to exit the market before Powell's speech and wait until it concludes before choosing to enter for a more stable approach.