On Monday evening, after a slight pullback in the Bitcoin market, a strong rebound was welcomed again, with the price rebounding from a low point of 106446 to a high point of 107759. Ethereum followed a similar trend with Bitcoin, dipping to a low point of 2592 before the bulls started to take action, and the price subsequently rose to a high point of 2657. In the evening, through his own on-site experience, Brother Sheng decisively seized the bullish rebound when the bears did not give a decent pullback, while also positioning long positions in Bitcoin and Ethereum, entering around 106759 and 2616 respectively, and advising to take profits around 107655 and 2652. The Bitcoin long position gained 1000 points of space, while the Ethereum long position gained 36 points of space.

According to the current market situation, the four-hour level shows that after a slight pullback, the bulls have formed a strong two consecutive candles, with the price continuously maintaining a high level. The Bollinger Bands are gradually widening, and the current bullish momentum is relatively strong. From the one-hour level, after the market fell below the upper Bollinger Band, it is approaching upwards again. The KDJ indicator's three lines are running closely together, forming a golden cross pattern. The overall trend is under the control of the bulls, but the K and J values of the KDJ indicator have entered the overbought zone, indicating short-term pullback risks. Combining the overall market trend, each time the bulls make an upward move, it is accompanied by a slight pullback, but the strength of these pullbacks has not shown strong continuity. Therefore, in our midnight operations, we will adopt a strategy of buying low after a pullback.

Bitcoin can be bought near 107000, with a target of 108500-109000.

Ethereum can be bought near 2580, with a target of 2700#BTC☀ .