On Sunday, since early yesterday morning, we have been focused on the low fluctuation range. Throughout the day, the currency price has been fluctuating and rising, with all strategies being primarily based on long positions. Bitcoin has achieved a total of over 2,500 points in space, while Ethereum's movement has been slightly slower, gaining only over 90 points in space. Currently, Bitcoin is fluctuating upwards, and the strategy remains firm at midnight! More pullbacks are needed!

With the end of the weekend, Bitcoin's market has followed suit, breaking out of the fluctuation range as expected, and continuously making upward moves in the evening. As of now, there has been basically no significant pullback, indicating a clear bullish trend. From recent trends, it is evident that the low points of pullbacks are rising, and the high points of rebounds are also continually increasing. Therefore, there is no reason to go short at this time! The whole world knows that Bitcoin will pull back, but no one knows when it will do so. Instead of guessing the peak, why not go long when it pulls back? In a bull market, occasionally being stopped out while going long is really nothing major, but being stubbornly short all the way and getting liquidated is truly sad. The fact that the indicators are severely overbought is undeniable; this doesn’t need much explanation. Being bullish and going long without chasing prices is to prevent risks from unexpected pullback sell-offs. With the continuous bullish candles on the daily chart, the short-term 4-hour chart is gradually forming support around the previous resistance level of 102,000. For the midnight strategy, as long as the pullback confirms that support holds, we will continue to treat it with a long bias.

As for Ethereum, it remains in a lukewarm state, and as of now, no effective breakout has been formed. However, the trend structure on the daily chart has not changed, maintaining a bullish formation. The short-term resistance at the 4,000 mark will likely be breached again soon. With the Federal Reserve's interest rate cuts approaching, the market is likely to digest this positive news in advance. The recent days of fluctuating consolidation may be waiting for a breakout based on news. In terms of strategy, we continue to maintain a long bias.

On Sunday midnight, Bitcoin provides a pullback at the 102,000 level, continuing long positions, aiming for the high point of the 104,000-104,600 area. For Ethereum, continue to reference the 3,800 support level for buying on dips, targeting the 4,000 mark, and then the previous high point around 4,100. Personally, I believe that at the beginning of this week, there is a high probability that the currency price will once again test the previous high point resistance, so in the short term, buying on dips seems more prudent!