Don't complain about entering the market too late; the crypto cycle is always cyclical. Some stand guard at the top, while others sow seeds at the bottom; some are harvested by volatility, while others break through with patience. What's important is not where the starting point is, but whether you can maintain your rhythm amid fluctuations and stay clear-headed during madness. Over the weekend, the market saw fierce battles between bulls and bears, but most of the time it was oscillating within a narrow range. Today, Bitcoin initially continued its decline, touching a low of 101,300, then bulls began to rebound and recover. In the evening, bulls accelerated, reaching a high of 104,180. Ethereum also initially declined, hitting a low of 3356, then rebounded strongly, with the highest rebound reaching around 3563 before stopping. On Saturday, we set up short positions around 103,100 and took profits as expected, capturing a 1600-point move in Bitcoin. For Ethereum, we shorted around 3450 and exited early morning after a 89-point gain. This aligns with the bearish outlook we shared on Saturday and Sunday morning. On Sunday evening, we adjusted our strategy to focus on bullish rebounds, re-entering long positions around 103,000 and capturing 900 points, while Ethereum's long position at 3465 gained 80 points.

From the current 4-hour chart analysis, a long bearish candle earlier was pressed down from the upper band, then found support above the middle band, forming a clear oscillation pattern. The body of this bearish candle is full, with a short lower shadow, indicating that bears had the advantage in the early session. After touching the middle band support, prices rebounded slightly. On the smaller 15-minute chart, a small head and shoulders bottom pattern formed during the correction. If the neckline is effectively broken after the right shoulder is completed, it could signal a new upward rally. However, note that the KDJ indicator remains below the 50 midline, suggesting the market has not fully shaken off its weakness. In the short term, we still maintain a strategy of rebounding and shorting overnight.

Bitcoin around 104,000 can be shorted with a target of 102,000.

Ethereum around 3,550 can be shorted with targets of 3,450-3,400.