1.7

These past couple of days, institutional net inflows into the US BTC spot ETF have approached 7,500 Bitcoins. This is the largest single-day net inflow since October 7th. Even in a bull market, this data is impressive; combined, only BlackRock and Fidelity account for nearly 6,000 Bitcoins of net inflow.
This Friday (Friday night at 23:00 Beijing time) is the Supreme Court's opinion solicitation day. It is the first time the Supreme Court has directly addressed the legality of Trump's global tariffs at the procedural level, and it may even be the first time the Court rules on Trump's global tariff policy.
Currently, support on Kalshi is only at 30%, which means it is very likely that the Supreme Court will initially determine Trump's tariffs as illegal. This would have a significant impact on Trump, as many of his policies after taking office in 2025 are related to these tariffs.
Furthermore, the previous plan to distribute money to the public was also based on tariffs. If Trump's tariffs are judged illegal and canceled or partially canceled, although the Trump administration might use other means to maintain some tariffs, it is unlikely to be the comprehensive tariffs seen before.

BTC
Bitcoin is at a very critical position right now. After breaking the neckline two days ago, it is currently retesting, and on the daily chart, there is a battle between bulls and bears with resistance above. Therefore, at this moment, we need to watch whether the four-hour chart can recover during the consolidation. In summary, the current position is likely to experience some consolidation or a retest. The key support is around 91,500; it must hold this level to see a rebound above. Currently, it remains relatively strong, and the daily trend is still good. Focus on smaller timeframes, with support at 91,500-90,200 and resistance at 95,000-96,500.

ETH
Ethereum's daily chart also looks quite good. After breaking the descending trendline, it is currently retesting. At this position, it is slightly stronger than Bitcoin. Also, pay attention to whether the one-hour chart can continue to oscillate above the trendline and move upward. Short-term, watch whether it can hold above 3,300. If it cannot, then watch for a retest on the one-hour and four-hour charts. The intraday expectation is for slight upward oscillation, with support at 3,225-3,160 and resistance at 3,300-3,358-3,430.