On Monday, under the influence of eased tariff policies, the price of Bitcoin rebounded sharply to the 105800 line, showing strong bullish performance. However, in the evening, there were Twitter reports stating that the U.S. Treasury is investigating financial institutions for illegal use of cryptocurrencies. Although this news has not been confirmed, it triggered panic in the market. In the sensitive environment of the cryptocurrency market, investors reacted quickly to negative news, leading to a large sell-off, and both Bitcoin and Ethereum retraced. This sudden situation means that our long positions established at the 103400 line in the evening are still being held at a loss!

From the current pattern, although this round of retracement is not enough to change the daily bullish structure, the strong rhythm has been interrupted. In smaller time frames, after the price retraced, it did not provide a significant rebound, and the pattern has started to weaken gradually. In the short term, it may face further corrections. On the 4-hour chart, the candlestick shows a large bearish drop, but after touching the lower boundary, it has paused. In the evening, we will focus on its continuation; if there are signs of a halt, we can still consider entering long positions. If the bearish trend continues and breaks below the 101800 line, Bitcoin may fall again below the 100000 mark!

On Monday midnight, Bitcoin is supported in the 101800-102300 area for long positions, with the upper focus on the 103700-104500 area, defending at 101000—if it falls below, decisively stop loss and reverse position. Ethereum's overall retracement space is relatively small; in the evening, continue to reference around 2450, which is near the midline of the 4-hour chart, for long positions, and focus on around 2580 above!