The Bitcoin market has rebounded after stopping its decline near 114200, but there hasn't been any significant change in the structure on the daily chart. In the short term, the coin price is still maintaining an upward channel for the rebound, and the overall structural trend is still in the process of recovering. This morning's rebound was also within our expectations, and the current rebound is merely a corrective action after probing the bottom. Ethereum has recently gained support around 4190 after experiencing a short-term pullback. Previously, it attempted to attack 4390 but was blocked. The market is still absorbing selling pressure, accumulating energy for the next round of pump. Although the current trading activity is slightly low, this is often a normal phenomenon during the adjustment stage, and there are clear signs of institutions and long term capital laying out their strategies here.