After the adjustment over the weekend, the overall market retraced to the 90000 level and stopped falling. On Sunday night, long positions once again increased trading volumes but did not break through the short-term resistance level of 92000. In the short term, the market is showing a certain degree of pullback, with BTC currently falling back to around 91000 for consolidation, and there are no further signs of weakness overall. In terms of Ether, it is basically consistent with BTC's movement; the market retracement did not break below the 3000 level, and there are signs of a certain bottoming out during the weekend pullback, which also indicates that long positions are strong in the current market data. The strategy of maintaining low long positions in the future remains unchanged.

Looking at the BTC daily chart, the two days over the weekend basically showed a doji candlestick pattern indicating a consolidation posture. In the short term, the market rebound did not break through the momentum of the middle track, but rather continued to oscillate further below the middle track. However, the current structure of short-term long positions has not been further broken. Whether the key resistance can support for the second time is particularly important. Combining the four-hour chart, the sluggish trading volume over the weekend led to a further contraction of the Bollinger Bands, indicating that the market will enter a new round of directional choice. The lower track closed near 90000, and after adjusting around the 90000 mark over the weekend, the rebound made the lower track support even more apparent. Currently, the price is back near 90000, which can further highlight the recovery of long positions. The outlook remains optimistic for the future.

You can go long on BTC in the range of 90000-90500, looking at around 92500. You can go long on Ether in the range of 2970-3000, looking at around 3100. #btc #eth