Monday Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions

During the morning session, Bitcoin started a volatile upward movement from around 87,402 points, reaching a key resistance level at 90,373 points before experiencing a slight pullback; Ethereum moved in tandem, rebounding from a low of 2,922 points and rising to around 3,056 points. We capitalized on the trend in the morning, establishing two rounds of Bitcoin long positions, with a total gain of over 2,000 points; Ethereum long positions were also followed up, with a single profit of over 60 points, successfully realizing gains from the market.

From the current chart, on the daily timeframe, after confirming support, a strong bullish candle initiated a rebound, with upward momentum and amplitude exceeding expectations. After breaking higher, the price closed at a high level, currently consolidating with time traded for space, and a bullish single-sided pattern has been preliminarily established. Technically, the price has broken through the recent consolidation box, and after breaking the previous high, completed a top-bottom reversal, consistent with the logic of bullish momentum in a strong market, which was the main basis for our early morning suggestion to follow long positions. After a period of consolidation and accumulation, the smaller timeframe has shown continuous bullish candles and pushed to new highs, with the current candlestick bodies full and strong continuity. Minor pullbacks now serve as further support for upward movement. Focus on the continuation space after key resistance is broken today; it is recommended to follow long positions at lower levels.

Trading Suggestions:
Bitcoin: Look for long opportunities around 88,300-88,800, targeting near 90,600.
Ethereum: Focus on long opportunities around 2,960-2,980, targeting near 3,100.