The crypto world is like chess, where experts strategize while newbies make moves. The former has a comprehensive view of the overall situation and plans for the long term; the latter focuses on immediate gains and may lose big due to small considerations. On Monday, after the market surged to a high point of 123300 in the morning and afternoon, it faced downward pressure, and in the evening, it continued to slowly decline, currently dropping to a low of 119200, pulling back some of the gains. The Ethereum trend is consistent, facing pressure from the afternoon high of 3083, experiencing a fluctuating decline throughout the day, currently slowing down at a low of 2980. During the day, there were both opportunities and challenges, maintaining a continuous go long approach, capturing over 5000 points in total, and a single swing trading even captured 4000 points, while Ethereum also maintained a continuous go long, gaining over 150 points in total. During the evening and midnight decline, we unfortunately also encountered losses, leading to an interruption of our consecutive wins, which is quite regrettable.

From the current market perspective, the weekly level shows a strong bullish close, with a full-bodied bullish candle, and a strong increase in volume at high levels, forming a three consecutive bullish momentum. The upper Bollinger Band is opened upward and continues to refresh historical highs. The pullback on the short term is relatively limited, with quick retracements and recoveries. The daily level is gradually climbing higher, and at the beginning of this week, it will continue to extend inertia. During the uptrend, after increasing volume, it will shift to a slow rise to squeeze out positions and then rise slowly again. The last pullback to the low point around 119200 has turned into a short-term support level, which is also the support point at the beginning of this week. On the four-hour level, another attack from the stabilization near 119200 has recovered most of the lost ground. At the beginning of this week, Lao Chen is optimistic about a horizontal consolidation followed by an expected continuation of inertia. Therefore, in terms of operations, the rhythm of the rise after the increase in volume will change relatively quickly, with a large fluctuation base. It is still mainly about taking long positions after pullbacks.

On Tuesday morning, you can go long around 119500-119000 for Bitcoin, with a target to first focus on 121000.
Go long on Ethereum at 2980-2960, with the first target to focus on 3080.
#ETH突破3000# #BTC再创新高#