A new week has begun, and we need to adjust our mentality and prepare for the challenges of this week. Bitcoin fell overall over the weekend, and retreated after reaching a high point. It is still in a high consolidation stage. We have also gained some results from the long orders over the weekend. Bitcoin is currently in the second stage of the bull market, so we still have to look at it as a bullish unilateral upward trend.
Bitcoin's daily chart shows that its price remains high, and is currently fluctuating around 90,900, not far from the upper pressure level. From the four-hour level, Bitcoin has not yet stepped out of the unilateral market, and the overall operation is still in a box structure. As the range continues to shrink, Bitcoin is about to choose a direction again. We are still optimistic about the bulls' efforts, mainly to retreat and go long.
Bitcoin can be long at 90,500-90,300, and pay attention to 92,000; Ethereum can be long at 3100-3080, and pay attention to 3160#BTC☀