On Sunday, Bitcoin and Ethereum Summary and Monday Market Analysis
The weekend ended with fluctuations, and there hasn't been much change in weekend rhythm; the market volatility is low without a one-sided trend, making operations quite simple. The most discussed aspect over the weekend was looking at the range for key points, with a focus on a layout strategy primarily centered on short positions. Today, a short position was decisively suggested near the short-term rebound of 111000, and currently, it has provided nearly a thousand points of space. A short position was also suggested near Ethereum at around 3900, which has given more than fifty points of space. In simple terms, if the direction of this market is right, it is a money-making market.
In terms of trends, we are still maintaining the previous thinking; the short-term rebound should focus on the breakthrough and stabilization of the upper pressure levels. If the rebound does not break, there is an expectation of downward breaking of the lows. In terms of the daily chart, the rebound still lacks certain strength, so continue to maintain a bearish outlook.
In terms of operations, those who have already entered short positions at high levels can continue to hold looking down at target positions. For those who have not yet entered, wait for opportunities to rebound and look for shorts to see a pullback. For Bitcoin, refer to the short position around 111000, and for Ethereum, refer to the short position around 3900, focusing on target positions of 106000 and 3700, respectively. #美联储降息 $BTC $ETH

