Right now, the crypto market is at a crossroads: prices for major assets like BTC and ETH have been drifting lower, but there's an interesting tension building. Volatility is tightening, trading volumes are elevated, and sentiment—according to the Fear & Greed Index—is deep in "Extreme Fear" territory, which historically can signal that a strong move (up or down) is brewing.

On the technical side, both BTC and ETH show a "bearish alignment" on daily charts (short-term averages below long-term ones), yet at the same time, daily price lows triggered a positive MACD divergence. This setup often hints that sellers are becoming exhausted, opening the door for a potential reversal if buyers step up.

Macro-wise, continued institutional accumulation stands out: spot Bitcoin ETFs saw over $2.5B net inflows in just two days, and major players like BlackRock keep adding to their positions. This contrasts with nervous retail sentiment and heavy short-term panic selling.

Key levels to watch:
- For BTC: $65,000 is the short-term support; if that fails, eyes go to $63,300 and then the $60,000 zone. Resistance remains at $70,000.
- For ETH: The $1,900 support zone is critical. If broken, a further test down to $1,700 is possible; resistance is around $2,100.

Strategy-wise, when trading enters a "compressed volatility" mode with panic in the air and big players quietly accumulating, a volatility breakout becomes likely soon. It’s unclear if it will snap upward or downward, but the ingredients for a sharp move are in place. For risk management, it’s wise to stay nimble: wait for confirmation (clear breakout or breakdown), avoid big leverage, and keep stops tight.

By the way, I noticed despite the fear and downtrend, large BTC wallets holding over 100 coins are actually increasing—something that has repeatedly preceded major rebounds in the past. Would you like a deep dive into this whale activity and what it could signal for the coming weeks?