Bitcoin experienced sideways fluctuations on Friday, Saturday, and Sunday, with a direct surge on Monday morning. It is a fact that there is resistance above, so during the day I advised everyone not to rush into buying. Instead, rely on previous resistance levels to look for a pullback!

Don't chase high during the rise of Bitcoin; the previous resistance is at a high position for shorting!

Bitcoin fluctuated repeatedly last week, testing the support at 83,000 multiple times without breaking it. The upper resistance was also tested at around 86,000 multiple times. On Monday, Bitcoin surged directly upwards, reaching a maximum of around 87,200, and currently showing no signs of resistance. This is not a suitable time to continue chasing the rise; one could consider setting up short positions, relying on the previous high point resistance at around 88,500. The next level is at 89,700, with a stop-loss above 90,000. If it rises and then falls back, the targets below are 87,000, 86,000, and 84,500.

Ethereum remains generally weak, currently not being lifted by Bitcoin. The upper pressure levels at 1,630 and 1,660 could be considered for shorting, with a stop at 1,690, and the targets below are 1,590, 1,550, and 1,500.