Monday: The pullback was blocked during the consolidation, looking bullish in the after-hours.

The market during the day session has really slowed down to the extreme. It has also been consolidating in a narrow range on the short term, turning the pattern into a bullish state. Unfortunately, we have suffered losses during the session.

From a technical perspective, the situation is quite clear now. On the four-hour level, the price is contending to move upwards in the middle track area, and the bullish momentum has been released to some extent, breaking through. If there is no significant drop during the pullback, a substantial rebound is likely to occur. The shorter time frames are clearly leaning towards a bullish trend.

In the short term, the narrow oscillation down channel has opened upwards, and the bearish volume release is hindered and has turned into a bullish arrangement. The moving averages are gradually rising. Although there is no strong surge in the short term, the oscillation is merely a setup to build further momentum for an upward breakthrough.

In the evening, we adjust our strategy to buy on the dip.

Operationally, I personally suggest going long in the 111000-111500 area, and looking at 112300-112800 #BTC# #ETH# .