We have made it very clear in our articles over the past two days. The narrow range fluctuations over the weekend maintain a bullish outlook at the beginning of the week. The trend completely aligns with our thinking, and we successfully locked in long positions. However, Ethereum seems to lag slightly behind Bitcoin, missing a bit of strength.
From the overall pattern of the daily chart, the bullish momentum has not yet been fully released, and there is still a large amount of energy waiting to be released. The pullback over the weekend is the best proof of this. After a slight bottoming out in the short term, it has risen again. Although there is an expectation of further pullback, the overall upward momentum is still relatively good. The overall ratio is still fluctuating within a range, but the range has slightly shifted upward. We won't discuss the larger trend, which is known to everyone, and is also what a large part of our friends want to see. However, we are not focusing on the trend; instead, we are running short positions under the trend. While doing short positions, if there is an opportunity to participate in the trend, we should still engage in trend layout; both can proceed simultaneously. Alright, let's get back to our thinking for today.
Buy Bitcoin in the range of 97500-97000, focusing on around 99000. Buy Ethereum in the range of 3710-3680, focusing on around 3815.
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