Bitcoin has been in a horizontal fluctuation phase over the weekend, and has not yet broken through the resistance of the moving averages above. This constraint has prevented Bitcoin from launching an upward trend. Pay attention to the breakthrough situation in the area around 106190. For Bitcoin to develop a strong upward trend, it must break through this resistance level in the short term. Currently, it appears that Bitcoin's daily chart has adjusted sufficiently, with expectations for a rebound, but constrained by the resistance above. If the rebound is not strong enough, there is a possibility of another decline in this area in the short term. The horizontal range must be broken before deciding the direction, to guard against false signals followed by a downturn. The key position in the early session is here; if it breaks through, it can open up the channel for a rebound. This upward movement originating from a sideways trend is usually a critical point for a trend change, so patiently wait for confirmation of direction before entering the market.
Bitcoin short contract position, short-term short operation near resistance point around 107180, take profit near 104235, stop loss at 107980.
Bitcoin long contract position, short-term long operation near support point around 103716, take profit near 107180, stop loss at 102920.
Ethereum has undergone several days of adjustment, with daily charts showing signs of a rebound. The internal structure is attempting to break through the resistance of the moving averages above, with a resistance point near 2585. A continuous strong breakthrough is needed, and only after effectively stabilizing above this level will a rebound trend begin. This is a way to break free from the horizontal platform. If it cannot escape this platform, short-term declines are still expected, so do not chase high prices to enter the market. Additionally, recent news is in a tumultuous period, with announcements that could impact the market at any time. When operating, reduce positions to guard against sudden news disrupting the existing trend. The operational mindset should be viewed as a fluctuation until the main capital chooses and confirms the direction.
Ethereum short contract position, short-term short operation near resistance point around 2610, take profit near 2500, stop loss at 2625.
Ethereum long contract position, short-term long operation near support point around 2485, take profit near 2580, stop loss at 2470.
The views are for reference only; stop-loss and take-profit strategies are recommended.