Overall, the layout on Monday indicates that profits exceed losses. The bullish outlook in the morning directly reached the take-profit position near 98000, but then did not stabilize at the high and instead pulled back. We again positioned long near 97000, but unfortunately suffered a loss of 600 points. This downward force directly drove the price down to around 94800, with a drop of nearly 3000+ points. Ethereum also fell by 200 points in sync. In the afternoon, we took a bearish view and captured a continuation of the downtrend, making a profit of over 1000 points. In the evening, our long position near 95000 reached the take-profit position at 96000 as expected. Today, we made a total of four positions in Bitcoin, losing one position, and had a full victory with two positions in Ethereum, proving that following the trend is that simple. Currently, the price is around 96900.

From the current trend, Bitcoin has stabilized around the 95000 line, with this upward move being nearly 2000 points. Ethereum has also risen nearly 100 points in sync, proving that the support at the bottom has been established. Therefore, it is very likely that we will challenge the morning high near 98300 in the evening. Although there is still about 1300 points of space to cover, I believe that this strong bullish move may still reach around 98500. For those who have not entered yet, you can patiently wait for a pullback before entering long and manage your position size carefully, entering long on the pullback.

Bitcoin outlook: Long near 96300-96500, target 98000

Ethereum outlook: Long near 3640-3650, target 3750