Learning to be flexible is essential for progress, and this is still true in the cryptocurrency market. Overall, the weekend remains in a wide range of fluctuations. During the Saturday and Sunday sessions, the strategies suggested for Bitcoin and Ethereum still have opportunities. During the day, we managed to go long from the lows, which was perfectly executed in the morning. As I always say, try to expand the range and follow the rhythm to significantly reduce the probability of losses. This is also the reason for the continuous wins over the past few days. The core logic hasn't changed; it's just a matter of timing. The evening strategy has also been pointed out, and the positions for shorting have been made quite clear. My short position near 97000 has also yielded a profit of nearly 700 points.
From a technical structure perspective, the daily chart has paused after consecutive rebounds and falls. This pause is still defined as a corrective structure as I mentioned before. However, because there is considerable space above and below, any random pullback can refresh the lower points again. We need to judge the strength and continuation by combining the patterns and closing strengths. In the short term, touching the high points within the range and then pulling back has been quite deep and forceful, breaking the strong trend. Therefore, we will first follow the shorts and look for pullback continuation, and we can follow the longs again based on the pullback strength.
Bitcoin is fluctuating around 96000-96500. The expectation is to look towards 94000. Ethereum is fluctuating around 3320-3340, with an expectation towards 3100.