Brief market review: Over the weekend, the overall market moved sideways with no volatility until the weekly close on Monday, showing a pattern of first rising, then pulling back, and then surging again. During midnight trading, the price peaked near 81,500, then quickly dipped to a low of 70,200, and subsequently rebounded, breaking above 72,500. The overall pattern has not shown a clear reversal, and the bullish trend remains intact. Currently, the market is slightly pulling back, testing the support levels below, which is a normal technical correction consistent with the current trend structure. The key resistance levels of 73,000 and 75,000 are critical zones where long positions were previously accumulated; they face strong short-term resistance. Whether these levels can be broken effectively will determine if the upward trend can continue. After a pullback to the lows, it’s advisable to position accordingly. The long positions opened this morning are still in profit, and patience is recommended until the European session opens and drives the price higher.

From the overall structure, the 4-hour chart is in a sideways consolidation above the midline, with alternating bullish and bearish candles in the short term. The market maintains a range-bound oscillation without a clear directional trend. Currently, the resistance zone above is very clear, and the price has temporarily broken above the upper boundary of the range. It is likely to complete a technical correction through a pullback and range oscillation, so chasing high is not advisable at this stage. On the hourly level, the price is being suppressed by the midline of the moving averages, with insufficient momentum for a second surge. It’s better to wait for the market to stabilize after a pullback before considering new entries. Although the three-line indicator is turning upward overall, the trading volume continues to shrink, and bullish momentum is weak. Patience is recommended until a proper pullback occurs before participating.

Monday afternoon outlook for BTC: Buy in the 80,500-80,800 range, target 82,500.

Monday afternoon outlook for ETH: Buy in the 2,310-2,330 range, target 2,400.