If the support holds without breaking, it will break the high again during the day!

From the weekend's trend, the prices of Bitcoin and Ethereum have been continuously fluctuating upward since Friday after a period of consolidation. Although there have been pullbacks during this time, the overall price has not broken the lower support. It may break the high again during the day.

The short position idea we shared early Saturday morning has already been invalidated by Ethereum's movement yesterday. Bitcoin is still being held, and the current price is once again hitting the upper resistance of the four-hour chart. The daily level is also approaching the upper resistance. Here, we can first exit the short position and pay attention to the resistance situation above to find opportunities again!

If the pullback during the day does not break the middle support of the four-hour chart, we can try to enter long positions!