BTC: As of August 26, 2025, the current price of BTC is $110,000. Yesterday's closing pattern was a small bearish candlestick, indicating increased trading volume, indicating that short-term bears still hold a significant advantage. On-chain data indicates that market turnover has increased recently, with short-term buyers, particularly those who bought at low levels, becoming the primary sellers during this correction. Long-term holders, on the other hand, have shown a muted reaction to the decline. URPD data indicates that 1.575 million Bitcoins are accumulated in the $100,500-107,000 range, while 1.551 million Bitcoins are accumulated in the $93,500-98,500 range. Overall, Bitcoin has entered a correction phase after reaching a high of $120,000 in July and August, but large investors have not engaged in panic selling. Bitcoin currently maintains strong support in the $110,800-112,000 range. Data indicates that large holders have realized profits of less than $1 billion, far below the level seen before the 2021 bear market. Judging from the current market structure and institutional behavior, the market is likely in a period of correction, and it's premature to talk about a "bear market." ETH: Yesterday's large-volume close with a large negative candlestick indicates a short-term correction. After this correction, the market is likely to reach new highs.