Monday, the early session saw a continuation of the rally, and the short-term pullback remains bullish. After two days of consolidation, Bitcoin welcomed a strong opening at the beginning of the week. Although the bulls faced resistance and pulled back after reaching the 86600 area, there is still upward momentum in the short term, and the daily chart has stabilized above the middle track, maintaining a bullish outlook.

The hourly chart shows a step-like upward movement, with consecutive bullish candles followed by a standard corrective pullback, forming a typical oscillating staircase. After confirming a low point with a pullback during the Asian session, the market then increased in volume and moved higher. The strategy is to first enter long positions at key levels and look to short during the US session for a potential pullback and adjustment.

For Bitcoin, consider going long in the 84800-85300 range, with a target of the previous high at 87500. If the resistance holds, then look to short. For Ethereum, consider going long in the 1930-1960 range, with a target of 2070. If it doesn't break, then short.