Sure enough, when the cannon fires, gold rises significantly. On Monday, gold opened directly higher, and global stock market assets were all driven up, experiencing a rebound. How long this strong upward trend can last and how firm it will be is hard to say, but it is essential not to chase after rising prices or panic sell. If you missed the long positions, just patiently wait for a pullback to enter low. If you made a wrong short position, you should cut losses where necessary, or if you have a stable mindset and a small position, just hold on for now. The pattern of rising sharply and then pulling back has always been a common tactic in the crypto space. Unfortunately, last Friday's short positions, Bitcoin shorts at 89500 and 90500, and Ethereum's second short at 3100, have already hit stop losses. After the exposure of the robber behavior of the yellow-haired guy on Saturday, I had a feeling something was going to happen over the weekend, reminding everyone that if there is a pullback, it’s okay to exit to protect capital. Getting out to protect capital is more important than making a profit. However, the pullback in the market was not significant, and the market was in a sideways consolidation over the weekend. I really had no desire to watch the market; it’s exhausting to stare at the screen for over twenty hours a day, 365 days a year.

Bitcoin's weekly K-line closed with a medium bullish candle. The Bollinger Bands are still opening downwards, and the MACD bearish energy continues to shrink. The KDJ and RSI are moving upwards, indicating that this rebound should not be underestimated. The daily K-line is forming a small rounded bottom, and after standing above the middle track support, it has started a four-day bullish streak, breaking through the previous resistance level of 91000. The highest price has reached around 93380, and it is inevitable to test the previous high of 94400. However, it is highly likely that it won't hold, as many short positions will be waiting to enter. The market makers are likely to push through this level, not easily allowing the shorts to break even. After such a long period of consolidation, the market has finally broken out of the triangular convergence upwards, and it will definitely exhaust the shorts before it can drop. Currently, the price is moving upwards towards the upper band, and the MACD is gradually increasing, but the KDJ and RSI are in overbought territory, so we must be cautious of a potential downward reversal. The market is in a rebound phase, but it does not mean a reversal. For the monthly level, we should wait to enter high short positions. For the weekly level, we will also consider entering low long positions.

With the market moving like this and the shorts being stopped out, it is currently not suitable to chase after rising prices directly. If the upper resistance at 94500 continues to be lost, then we should pay attention to the upper resistance levels at 98900 and 101500 for planning high shorts. Currently, the market is merely considering a small stop loss around 94500, looking at how deep the pullback is for a short position. During the week, we should first consider low long positions, with support levels at 91500 and 90700. We should look for a rebound to test 94500 here, without chasing after rising prices. Currently, there are no signals of a peak or stagnation in the market, so shorting is not suitable. A light short position with a small stop loss at 94500 is just a reference to the previous resistance level, aiming for a small pullback. This thought process must be clear to everyone. This week, we should primarily focus on low long positions, and only consider significant high shorts when approaching the 100,000 mark.

For Ethereum, the support levels to watch are 3160 and 3120. This week, we should primarily look for low long positions, with resistance levels at 3200, 3270, and 3330.

There is no perfectly timed journey, only a perfectly fitting mood. Who makes the moment feel like eternity, who makes the future feel like the past? Many sequels are just characters in the story. With live broadcasts, the drama ends. Having felt yesterday's storms, we must also welcome today's fluctuations. Gains and losses are silent; abandon the wind and gain the rain. Do not rejoice in profits, nor grieve over losses. Remain calm and composed, and respond with ease! When the sun shines brightly, and the roses have not yet wilted, when time is fragmented, and faith has not been destroyed, when the market moves away, and the doubling has not yet followed, life will not always go as desired, and investments will not always be perfect. We must endure the gathering and parting, all having weathered storms. When the road ends, we must turn at the right time, and we will always see clearly! This market does not exist based on emotions but survives on mindset!

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