Bitcoin and Ethereum Monday Market Analysis and Trading Strategy

Bitcoin fluctuated over the weekend, continuing narrow volatility in today's morning session, currently reported at $93,800.

The weekend price trend met expectations, with limited fluctuations.

The daily chart shows that Bitcoin rebounded after a morning pullback to $92,700, supported by the seven-day moving average, but did not break through.

If it cannot break through $95,000, there is still a risk of a pullback.

The 4-hour chart presents a doji with long upper and lower shadows, indicating fierce competition between bulls and bears, with the coin price in a consolidation range.

Trading suggestion: Short Bitcoin when it rebounds to the $94,500-$95,000 area, with a stop loss above $95,700, targeting $92,000-$92,500;

Ethereum is in sync, short in the $1,800-$1,830 area, targeting $1,730-$1,750; once this range stabilizes, a long position can be taken.