Monday Early Morning Market Analysis

From a technical analysis perspective, the candlesticks on the 4-hour chart have been showing a fluctuating trend within the upper-middle range. The bullish candles have been steadily rising in a stair-step fashion and have recently successfully broken through the 97300 mark, demonstrating significant upward momentum.

However, I personally anticipate a potential rebound after a pullback during the early morning period. The current key resistance level is set at 98300. If this level cannot be effectively broken, it may be worth considering a short position. Meanwhile, Ethereum's Silk Road remains in sync with this, and it is expected to face a pressure test around the 3740 to 3760 range.

For Bitcoin, the range around 96700-96300 is a potential area to watch for a rebound, with 98300 as the upper level; if it doesn't break, consider a short position.

For Ethereum, the range around 3680-3650 is a potential area to watch for a rebound, with 3760 as the upper level; if it doesn't break, consider a short position. #BTC☀ #ETH🔥🔥🔥🔥