Big Pie: Bitcoin has tested the top position of the current range four to five times already, and there may be a direction on Monday. With a bullish outlook, we can enter on the left side when there is a volume breakout of the range, or enter on the right side when a pullback forms a support-resistance swap at the range position.
- If a pullback occurs, place long orders at the 50% and 23.6% Fibonacci levels of the previous wave's rise (prices are marked in the chart), support at 98163, 96228, short-term resistance at 105000, and the ultimate target is to see the upper boundary of the channel (105720-107676)!
Ethereum: Ethereum is currently in a small level triangular consolidation. The entry references for the left and right sides are similar to Bitcoin. The pullback positions are also at the same Fibonacci levels as the previous wave (marked in the chart), support at 3753, 3618. Resistance at 4100, 4200