On Monday, Bitcoin's market momentum over the weekend was relatively slow, mainly focused on adjustments, which is in line with our expectations. After reaching a new high of 99623 early Saturday morning, the market has shown a downward trend entering into a correction. The lowest point at midnight came to around 95840, beginning a rebound, and is currently running near 98000.

From the current structure, within the small cycle, the coin price has entered an adjustment trend following a high point and subsequent decline, and it appears to be correcting in price. The pullback is also limited. This can also be understood as a method for the bulls to gather strength, as there is still relatively ample space above. As long as there is no deep pullback or consecutive reverse movement in the short term, it is not enough to form a reversal. We still treat the future with a perspective of gathering power, and after the trend is completed, the coin price will again welcome a rise. At the beginning of this week, we remain optimistic about the bulls breaking the previous high.

Morning BTC short-term operation: Rebound in the 97000-97500 area, aiming for 99000-99500.

The situation is very large, the winning streak continues, and if you can’t accurately gauge the long and short positions, stick to your thoughts and walk alongside! Let's create brilliance again! #ETH市场新动向 #比特币突破10万？ #BTC创历史最大月度涨幅