After the weekend adjustment, the overall market bounced back at the 90000 barrier, and during the weekend night, long positions showed an increase in trading volume again, but did not break through the short-term resistance level of 92000. In the short term, the market is showing a certain downward movement, and BTC is currently hovering around 91000 again, but overall, there are no further signs of weakness. Ethereum is also basically in line with BTC's movement, and the market's bounce back has not fallen below the major support of 3000, with signs of a solid bottom formation observed during the weekend's rebound. All of these indicate that long positions are strong in the current market data, and there will be no change in the policy to maintain lower long positions going forward.

Looking at the daily chart of BTC, the two days over the weekend have basically been adjusting in a doji star formation, and in the short term, upon further review, the market's bounce back shows no movement to break through the mid-band, but rather more oscillatory movements are seen under the mid-band. However, currently, the short-term long positions recovery structure has not been further broken, so whether the current important resistance level is supported secondarily is particularly significant. When viewed in conjunction with the 4-hour chart, the stagnation in trading volume over the weekend has led to the convergence of the Bollinger Bands, indicating that the market is entering a new directional choice. The lower band closed near 90000, bounced back after adjusting at the 90000 threshold over the weekend, and the support from the lower band has become clearer. Currently, the price has returned near 90000 again, and in the future market, the recovery of long positions will become more evident. Future thinking will be maintained with an upward outlook.
BTC will take long positions at 90000-90500 and is looking around 92500. Ethereum will take long positions at 2970-3000 and is looking around 3100. #btc