What are you waiting for? After so many years in this market, what I have realized is that I know what I am waiting for. If you don't know what opportunity you are waiting for, chasing highs and cutting losses will turn into repeated losses, which is an inevitable situation. On the contrary, if you understand the meaning of waiting, then chasing highs and cutting losses will turn into following the trend! Overall, the market has not seen much fluctuation, oscillating around 96000, as I mentioned before, waiting for an opportunity, waiting for a key level!
From the overall market structure, the hourly chart shows a slow upward trend. Although the movement is not significant, by combining the small patterns, it can be seen that the major direction is still bullish. Although the weekend market moved little, the low points of the pullbacks are also rising, which means that the support below is continually strengthening. In the short term, there is pressure above and support below, so we won't look for a one-sided trend here; we will focus on breaking through the pressure at 97000, which is also the morning's target.
Bitcoin is hovering around 95800-95500 for longs, with a target of 97500. Ethereum's target is looking at 3610-3600 for longs, with an expected target of 3700.