January 18 BTC and ETH Market Analysis: The current trend is a standard pullback after a breakout with increased volume. Looking at the fund monitoring data from valuescan, BTC contracts show a maximum accumulation of 1.1 billion, with a maximum outflow of 598 million. Spot trading shows a maximum accumulation of 775 million, with a maximum outflow of 180 million. Overall, contract outflows are relatively large, while spot outflows are smaller. When we combine this data with key resistance and support levels, it becomes simpler to analyze. On January 13, the market surged from 940 directly to the key resistance level of 976 before starting a pullback. So, it’s normal for some funds to flow out. If the market can consolidate and stabilize around 940 in the next few days, it would be a very healthy trend, and the probability of further increases would be very high. (If the market dips to 940-942 in the coming days, that will be a critical level.) If the 940 level doesn’t hold, this rebound trend might come to an end, but the probability of that happening is relatively low. From the contract and spot outflow data, we can see that the main funds are not willing to leave. Last time, when the market pulled back from 940 to 900, although contract funds flowed out, spot funds barely moved, and the market continued to rally afterward. As for ETH, its movement will still be linked to BTC’s trend. Short-term analysis of ETH on its own doesn’t hold much significance. ETH’s maximum accumulation is 1.5 billion, with an outflow of 400 million. The key pullback levels for ETH are 3260–3285. BTC ETH