The market on Monday has also come to an end, with the day's trend primarily characterized by fluctuations, only showing some improvement in the evening. During the day, Bitcoin's price basically remained in the range of 114500-116000, moving within a fluctuating range. In the evening, there was a brief small rise that did not continue, ultimately stopping at 116350. The trend of Ethereum is still quite clear. After a minimum pullback to around 4225 in the afternoon, it rebounded by more than 100 points. It touched the resistance at around 4370. Currently, it has pulled back to around 4320. Overall, it has been a fruitful day!

What can persuade a person is never reason, but rather the south wall; what can awaken a person is never preaching, but rather hardship. No one's persuasion will lead you to enlightenment; only experiences can truly make you wake up from a dream and see through the ups and downs of the market. Teaching by people is ineffective; trends only need to teach once. Suffering losses is just like eating; once you eat too much, you will naturally grow.
The daily structure has also reversed again. The current market theme is still centered around the bears, although there have been multiple attempts to push higher, which have been hindered by short-term strong resistance, and a breakthrough has not been achieved. We are currently in a high position with a tug-of-war between bulls and bears, and the overall strength remains unchanged. After all, the retracement has not returned the recent upward space, but considering the multiple failures to break higher, it is necessary to be cautious of a potential retracement space. The four-hour chart has shown multiple instances of drawing door navigation, and the short-term approach of probing highs and closing lower can only be seen as oscillation, rather than strength. There will still be contention this week. The four-hour chart has repeatedly tested highs and then retested to break the support of the high point, stabilizing above. If it holds, we will continue to look bullish; if it fails, it will turn into a pullback. In the short term, it may present itself as a protracted oscillation. Both bulls and bears are changing.

Midnight operation suggestions are to participate around the main short.
Bitcoin: 116800-116500 short Target 113500
Ethereum: Short at 4370-4350 Target 4230#BTC #ETH #BTC ETF持仓破1530亿美元