Monday Daytime BTC/ETH Analysis and Operations

During the midnight period, BTC showed an overall range-bound oscillation, fluctuating repeatedly within the 109500-111000 range. In the early trading session, after a brief dip near 110700 down to 109300, it quickly rebounded, once soaring close to the 110700 resistance level. However, it later fell back again due to profit-taking, and the oscillation pattern remained unchanged. ETH also maintained a fluctuating trend, with a trading range locked between 3830-3910 points. Both bulls and bears are engaged in intense competition, with no clear directional guidance at the moment. Our short-term strategy was executed precisely, with two short positions set for BTC, accumulating over 2000 points in profits, perfectly aligning with the current oscillation rhythm.

From a technical perspective, the 1-hour chart of BTC shows that after a short-term pullback, the downward momentum has clearly slowed, and it is once again testing the pressure of the middle band of the Bollinger Bands. Previously, the candlestick formed a bearish pattern with a long lower shadow, highlighting the strength of the support below, and the bears have insufficient momentum to continue pressing down. The overall market structure is gradually tilting towards bullish, and the short-term trend is expected to transition from consolidation to a strong upward phase. Based on the current market characteristics, it is recommended to focus on going long at low levels during the day, and to seize quality entry opportunities after confirming pullbacks.

BTC: Bullish in the range of 109000-109500, looking at around 111000.
ETH: Long in the 3820-3840 range, look near 3930.
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