There are quite a few things happening in the crypto world today. From the market perspective, Bitcoin has already surpassed $90,700, fluctuating within the $89,000 to $92,000 range; Ethereum is quoted at $3,087, but faces significant selling pressure around $3,140.

From the capital side, the US spot Bitcoin ETF has experienced a net outflow of $1.128 billion over the past three days. Interestingly, ETFs for other cryptocurrencies are actually seeing net inflows. This contrast strongly indicates that institutions are adjusting their positions.

On the institutional front, the stock price of a leading compliant platform is favored by Bank of America, which predicts a 40% increase; another company, MicroStrategy, continues to add to its Bitcoin holdings, purchasing 1,287 more coins, bringing its total holdings to over 670,000. Stablecoins and the Market Structure Bill are also progressing in the US, while multiple countries are strengthening compliance thresholds for RWA tokenization. The interaction between regulation and industry is accelerating.

**Technical Short-term Opportunities:**

Bitcoin currently has two support levels below: $89,500 is quite strong, with the real key support at $89,000; further down, $87,500 serves as a solid bottom. Resistance above is in the dense zone of $91,500-$92,000, with a medium-term target of $95,000.

For Ethereum, $3,050-$3,070 is a strong support zone, and $3,000 is a critical level—breaking below that could be risky. The tough resistance is in the $3,140-$3,150 range; only a breakout above it could lead to a move toward $3,200.