Overall, the market this weekend is still relatively large. The Bitcoin price fell to around 82750 at noon on Saturday before starting to rebound and stretch. As of today, the Bitcoin price reached a high of 86100, and it is currently experiencing a pullback. We previously mentioned to focus on long positions within the 82000-84500 range. Overall, the market is still within our expectations. Ethereum is also following the trend of Bitcoin and is moving higher, but after reaching a high of 1669 last night, it has started to turn bearish, and the price is continuously retracting.

This week, our main focus has been on long positions. Although there were minor setbacks along the way, the overall momentum is still strong.

On Monday, Bitcoin set four short positions, with a total space of 7728 points, and Ethereum set four short positions, with a total space of 328 points.

On Tuesday, Bitcoin set three long positions, with a total space of 3326 points, and Ethereum set three long positions, with a total space of 193 points.

On Wednesday, Bitcoin set three long positions, with a total space of 9732 points, and Ethereum set two long positions, with a total space of 264 points.

On Thursday, Bitcoin set two long positions, with a total space of 2098 points.

On Friday, Bitcoin set two long positions, with a total space of 3093 points. Ethereum set one long position, gaining 63 points.

The four-hour single bullish surge is unstoppable; once the upward break occurs, it means an increase in volume, and the bullish frenzy is also expected as it is a necessary rise influenced by the trend structure. We also mentioned earlier that the current market pullback is still bullish; if there is no pullback, then it is short-term bullish to continue to see higher prices, with direct intraday surges. The future market trend remains quite clear, still bullish, and going long is the current main theme. In the short term, the price may experience some corrections and pullbacks, but corrections do not mean reversals. After the corrections, it is still necessary to review the bullish trend, and corrections are meant for better upward movements.

Trading suggestions:

Go long on Bitcoin at 83500-84000, with a target of 86500.

Go long on Ethereum near 1580, with a target of 1670.