On Monday evening, the market has adjusted, and we can prepare to go long.

I have been reminding everyone since last Friday that we can go long and wait for the rise. Yesterday, our medium to long-term investments also entered the market. This morning, the price rose above 108500, and the direction is very clear. The short positions taken during the day have already made a profit and exited; tonight we mainly focus on going long. If you want to short, you can consider it after the US market opens.

Regarding Bitcoin, the weekly chart closed with a large bullish candle, but the daily chart is approaching the key price level of 110000, so we need to closely monitor whether this level can be broken. From the four-hour trend, there has been continuous upward movement, and moving averages have also formed an upward pattern. As long as the price stays stable between 108000 and 108500, it is highly likely to continue rising. Therefore, if the price falls back to around 107300, it would be a good time to buy, with a target price of 110000.

Ethereum's movement is similar to Bitcoin's. After dropping to 2406 last night, it immediately surged. Now it is nearing the previous high of 2520. Looking at this trend, it is estimated that it won't drop too much. If you want to trade short-term, you can buy when the price is around 2450, with a target price of 2550.

A new week has begun, let's work hard together. The doubling investment course is now enrolling; friends who want to learn about investment should not miss it. I am always here, and you can ask questions anytime.