Last Friday's article mentioned that from the daily chart perspective, Bitcoin and Ethereum are alternating between bullish and bearish candles, and for three consecutive days, the closing prices have not broken below new lows. Therefore, the previously analyzed scenario of an oversold market transitioning into range-bound consolidation continues to have a high probability. Currently, the range can be roughly estimated as Bitcoin 100,000-102,500-104,500-106,500 and Ethereum 3,250-3,350-3,450-3,650. Until the range is broken, it’s advisable to follow this plan for high sell and low buy. It was also intentionally mentioned that the upper resistance levels have not yet been tested. Future adjustments can be made based on the situation. If a breakout occurs, consider trying to chase with a small position!

Currently, from a daily chart perspective, Bitcoin and Ethereum are alternating between bullish and bearish candles, and they've failed to break new lows for three consecutive days. This suggests that the previous analysis about the market being oversold and entering a range-bound consolidation is increasingly likely.

The current range can be roughly estimated as follows:
- Bitcoin: 100,000 - 102,500 - 104,500 - 106,500
- Ethereum: 3,250 - 3,350 - 3,450 - 3,650

Until the range is broken, it's advisable to follow this range for high sell and low buy strategies. The Bitcoin and Ethereum short positions opened yesterday are based on this range. The upper resistance levels haven't been reached yet, so you can adjust your positions accordingly as the situation develops.

If a breakout occurs, consider trying to add positions with small amounts.