Monday, limited downward momentum, buy on dips

Bitcoin has undergone two days of adjustment over the weekend, operating within a range without significant fluctuations. Although the highs have slightly decreased, the downward movement is also limited, with multiple attempts to test 936 failing to break through, forming short-term support.

In the 4-hour chart, the price has touched the upper boundary and has shown some retracement. Currently, it is engaged in a battle between bulls and bears in the mid-range area. The short-term trend is slightly weak, but there are no signs of continuation. In combination with the larger timeframe, the main structure is in a strong run, so the morning strategy should be to buy on dips.

Morning reference area 936-931, look for 950-960, if it does not continue upward, consider a reversal to short.