Good morning everyone, friends, it's the start of a new week. Looking at the market, even on the weekends with insufficient trading volume, the cryptocurrencies have been running within our expectations. The retracements after several rounds of highs have provided a good degree of recovery, and the technical indicators have been fully restored. At the same time, the long positions we established on Saturday were made under the risk of retracement in the market. We decisively took profits and preserved the gains. Bitcoin gained a space of about 100 points, while Ethereum gained a space of about 20 points. Our years of experience have given us an exceptionally accurate sense of the market. The cryptocurrency prices once again experienced a strong downward trend, but the support below remains very strong. Relying on the support below, we entered long positions around 37,170 for Bitcoin and around 2,039 for Ethereum at midnight. As expected, we also harvested spaces of about 560 points and nearly 40 points respectively around 37,740 and 2,077 in the morning. Congratulations to those who followed and profited. Waiting can be very frustrating. If the outcome is certain and desirable, waiting is relatively easy. However, if the future is uncertain and the outcome is likely to be undesirable, it's difficult to keep waiting.

Looking at the daily chart, the cryptocurrency prices are still running above the middle track, within an upward channel. Yesterday's closing was a small doji candlestick, and the market was also quiet over the weekend, with a relatively small range, which coincided with the technical consolidation and accumulation of momentum. Due to the convergence of space and candlesticks, the lack of momentum may continue to shrink and consolidate, preparing for an upward momentum. Looking at the four-hour chart, the prices are currently oscillating near the middle track, also stabilizing at the support of the uptrend line. As long as the trend line holds, the four-hour structure remains biased towards the upside. Whether it can break the previous high at the beginning of the week is crucial for the continuation of the trend. If it doesn't break, the market will continue to oscillate. Currently, the support is concentrated around the 37,000 level, with a slight convergence of the low point from the previous retracement. In the short term, there may be back-and-forth movements. If the high is not broken for a long time, there is a possibility of a short-term retracement to confirm the support before attempting to break higher. Overall, at the beginning of the week, the strong support below will favor long positions.

For Monday, you can go long directly on Bitcoin between 37,200 and 37,400, with a target focus on the 38,000 level. If it breaks, it can directly target 38,600. For Ethereum, you can go long between 2,045 and 2,055, with a target focus on 2,100. If it breaks, it can directly target 2,150.

Whether you are a novice, a struggling trader in the market for many years, or someone seeking stable profit methods, and feeling confused about long-term, medium-term, and short-term investments, you can find help in improving your practical skills to survive in the market for the long term.

You can follow the public account: "Shanhe Brother Discusses Cryptocurrencies" for real-time guidance and strategy benefits.

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