It’s a new week again, and Bitcoin has been relatively slow during the weekend's pace. After spiking to around 94500 last week, the coin price has formed a consolidation. Following a short-term pullback correction, it continues to rise, currently reaching the 88800 region. The approach for today is also to treat it with a low-buy strategy. The market has lived up to expectations, continuing to rise without giving too much of a pullback. Therefore, in this slow and steady upward trend, it’s best to maintain a low-buy strategy!

The daily trend has clearly shown an upward rhythm, with a series of bullish candlesticks, and the market has not experienced much pullback. Currently, the bulls still have continuity, so the main structure continues to look upward. In the 4-hour chart, it has also been rising steadily recently, with a strong short-term trend and an upward oscillation, making the bullish sentiment the main melody at present. Similarly, the hourly chart has not provided any opportunities for bearish performance, with the market primarily showing bullish behavior. Therefore, under the condition of a strong main rhythm, it is advisable to maintain a low long strategy!

On Monday morning, it is recommended to go long on Bitcoin around 88500-88000, with a target around 90000. For Ethereum, go long around 2980-2960, with a target to focus on 3100!

Don't fear the high mountains and distant waters. The moment you set off with your backpack, you have already surpassed those who hesitate in place. There will surely be the most beautiful scenery waiting for you on the road ahead.