On Monday, the bullish outlook in the morning was validated, but in actual trading, it was relatively conservative, with only 900 points of profit taken off the table. Currently, the secondary price remains stable around the 99,000 mark, oscillating without a significant pullback, with strong momentum.
On the daily chart, Bitcoin continues to rise with consecutive green candles, stabilizing above the moving averages, with a clear head-and-shoulders pattern. After a series of rebounds, the pullback strength is minimal, so the strategy is to continue following the trend. In the short term, after consolidation, the head-and-shoulders pattern continues to push upwards, reaching the 99,800 line, just a step away from the 100,000 mark. The afternoon pullback is minimal, with the 4-hour chart showing consecutive green candles, using time to gain space. The evening strategy remains unchanged; after a pullback, continue to take bullish positions.
Regarding Ethereum, after the price broke through the 3,500 resistance level, a reversal pattern formed, stabilizing above 3,600 without any significant pullback. The pattern has changed, with clear continuation and increased upward momentum. The strategy is to continue positioning according to the trend, slightly taking advantage of pullbacks to primarily focus on bullish positions in Bitcoin.
On Monday evening, continue to buy Bitcoin in the 98,000-98,500 range, targeting a bullish move near 101,000. For Ethereum, continue to enter positions around 3,600 on dips, targeting the 3,750-3,800 range!