Monday's market quickly surged, with Bitcoin breaking above 89,000. But is this rebound a genuine breakout or just a trap? We need to take a close look.

**Current Technical Situation of Bitcoin**

The weekly candlestick shows a clear small bearish candle with a lower shadow, and the Bollinger Bands remain open downward. On the daily chart, although the price broke through the middle band resistance, Friday closed with a long upper shadow small bullish candle, and Saturday and Sunday continued with small bullish candles and doji stars, but this trend is full of uncertainty. The sharp rise at the open broke the previous sideways consolidation; honestly, this feels more comfortable than constant oscillation.

The MACD momentum still appears somewhat weak. While the KDJ and RSI are both trending upward, the problem is that the upper Bollinger Band is still opening downward. This indicates limited upward space—definitely not a bullish signal. The large bullish candle on the 4-hour chart was indeed fierce, breaking the upper band, but the lower band is also opening downward, which is quite interesting. The price was pushed up, but the lower band is opening up, which essentially paves the way for a subsequent dump.

In simple terms, long positions have already taken off. For beginners still wanting to chase in now, that’s a sign of late awareness. The next trading logic is straightforward—avoid chasing highs or selling lows, and patiently wait for high-altitude opportunities.

**Short-term Trading Strategy**

During the day, focus on three resistance levels: 89500, 90500, 91500. If Bitcoin approaches these levels, shorting around these points would be more ideal. On the downside, keep a close eye on key supports at 88000, 87000, 86000.

For Ethereum, resistance levels are around 3030, 3080, 3130, with short positions around these levels. Support levels are at 2950, 2890, 2780.

**Final Ramblings**

Recently, the market has been like this—bulls and bears constantly shaking out traders. Those chasing highs and selling lows often end up hurt the most. Trading may seem simple, but it’s really about suddenly gaining insight during moments of confusion and growth. Greed can make you lose your mind, impulsiveness can lead to regret. Learn to wait, and opportunities will come naturally.