The monthly line for #BTC has not yet closed. If it stands above 95000, the next resistance for an upward movement is at 96200-96450, and the strong resistance for continued upward movement is at 97150-97340, 98330.

Last weekend's market as expected in the chart, it's advisable to buy on dips rather than short on the floor.

Bitcoin plummeted to 74500 before rebounding quite nicely. This week’s new weekly line might have reached a small top for a peak, possibly reaching above 96200 or 97300-97500. Before that, it's advisable to buy on dips; above 96200, you can place an order to short, add to your short at 97300, or possibly place a short order at the maximum of 97300-97500, with stop losses at 97800-98100 (or without setting stop losses, closely monitor the market as there is a possibility of a spike to around 98500).

At the very least, the first entry above 96200 will provide a good short opportunity. If there is a second entry, it could push above 97000, which would be a better bearish opportunity, allowing for a relatively longer short position. Right now, you can try to buy Bitcoin on dips; for orders above 96200, take profit in batches with the maximum take profit price not exceeding 97500. Currently, below 4082618718695000 or slightly above is not suitable for chasing shorts, to guard against short-term false signals, instead, it’s better to buy Bitcoin, targeting above 96200.


For altcoins like Ethereum, those who were trapped after chasing above 1800 should be patient; there is a high probability of breaking even and profiting. Now it is better to buy below or slightly above 1800, closely monitor Bitcoin for random take profits for Ethereum with a target above 1900.


Before stabilizing above 97500, Bitcoin spot is not very suitable for long-term buying, as it is easy to reach a peak. Any altcoins chased for gains should also only be considered for short-term trading. When Bitcoin is above 96200, it is necessary to consider selling the portion of spot that was chased for gains.