In the past couple of days, there haven't been any updates. As we can see, Bitcoin has been consolidating between 104350 and 106000 on Saturday and Sunday. Currently, it has shown an upward trend this morning and has stabilized in the short-term range of 105500-105600. It is still in a bullish consolidation. As long as it breaks through around 1062 and stabilizes, we could see 110000 above (looking at the short trend this way).
However, there isn't much large capital pushing it up right now, but once the big funds enter the market, we won't be able to take long positions at such low levels.
Currently, from the market perspective, if Bitcoin breaks and stabilizes above 1062, there isn't much resistance above. Brothers, don't be afraid; we are currently positioning ourselves for a long-term long position, and the profits could be considerable.
Ethereum has also reached a weekly resistance support level. Currently, it is believed that Ethereum will be the first to break through 2588 and stabilize, then push towards higher levels. Well, we can take a light long position today between 2555 and 2560, using 3% to 5% of our total capital.
Above, we can see a relatively large space because it has already closed the monthly line and has come up.
With a proportion of 3% to 5%, we can see a profit-taking space of 800 to 1300 points (3300-3700).
The profit space is still quite large, with the stop-loss position set below 2450.
If Bitcoin cannot stabilize in the range of 105800 to 106200, and if it falls below around 104300 with a solid bearish candle closing below, we can consider stopping losses and exiting, and then observe again.