On Monday, the market continued to perform, with Bitcoin repeatedly confirming support near the 94,000 level before launching an upward attack. After entering the weekend, trading volume decreased, and prices began to enter a narrow range of oscillation, indicating that next week's market may enter the final sprint stage. If the buying momentum remains stable, a breakout could be expected.

Meanwhile, Ethereum performed quite resiliently, fluctuating around the $3,300 mark, following Bitcoin's rhythm with a moderate pace. The movements of large investors are also crucial—data shows that whale addresses have recently increased their holdings of Bitcoin and Ethereum, with the total long position reaching $449 million. Such accumulation behavior often serves as a market confidence indicator.

In terms of on-chain funds, the spot Bitcoin ETF saw a net inflow of $1.81 billion yesterday, with institutional interest continuing to rise. At the same time, market volatility has dropped to a four-month low, which could either signal the potential for new price movements or indicate that the market is entering a consolidation phase.

There are many macro-level disruptive factors. The policy direction of a major exchange seems to diverge from the White House's stance, and related support efforts may face adjustments. Additionally, spot gold has broken below the $4,560 level, with a decline of 1.42%, showing the relative strength of risk assets. The rising international trade issues, such as those involving Greenland, could also potentially impact the crypto market with policy shocks.

It is worth noting that market optimism for Ethereum still exists, with some analysts predicting it could reach $15,000 by the end of the year, adding some imagination for holders. Overall, we are currently in an observation period, and weekend performance will be an important reference for assessing next week's rhythm.