Monday, it's a new day, good morning everyone!

Since last Friday night, we provided a reference of 98000 as short-term resistance to turn around and go short at 95500. The market reached this point as expected over the weekend, and similarly, yesterday we suggested continuing to short at 96000, initially looking at 95000, and if it breaks, we will continue to look at 92800. Currently, the market has already reached the first target position, hitting a low of 94600. Congratulations to those who followed this strategy!

From the current technical perspective, the previous conversion level has ultimately been broken. The market has not formed effective support after a long period of consolidation. Since we have already seen a break, the remaining action is to continue to follow the trend, which is something we often emphasize: no break, no establishment. Moreover, the short position has a certain continuation in the short term, so there is no need to hesitate in the morning; just go short directly!

On Monday morning, Bitcoin is currently quoted at 95100, go short at the current price, initially focus on the 92800 line below. Ethereum is currently at 1815, go short at the current price as well, and pay attention to the 1700-1730 area below.