Bitcoin showed a slow rise on Monday. Although it rebounded to around 90599, it still needs to be observed whether it can hold above the 90,000 mark, and discussing 100,000 is premature.

From the hourly chart, the Rebound momentum is clearly insufficient. The price repeatedly tests the support level at the middle track, and the MACD bearish momentum is starting to be released. The KDJ and RSI have begun to oscillate downwards after being overbought at a high level. This signal is worth being cautious about.

The situation on the four-hour chart is more worthy of attention. After a series of small upward candles, the price has retreated below the upper band. The KDJ and RSI have also formed a dead cross downward after being overbought at high levels—this is a typical correction signal. The recent market characteristics are as follows: slow rises and sharp falls, with frequent shakeouts in between. Chasing rises and killing dips will only make you experience being slapped in the face repeatedly by the market.

Short-term traders should focus on: Bitcoin will accelerate its decline if it falls below 88500; Ethereum still faces pressure around 3050, and if it falls below 2980, the rebound phase may end, followed by the risk of a pullback.

The mid-week targets remain unchanged: Bitcoin looks towards 80000, and Ethereum looks towards 2600. The market trend is indeed a bit chaotic, but this is precisely the time to test trading discipline. Adjust positions flexibly according to your own risk tolerance, avoid chasing or抢, and waiting for clear directional signals is the best strategy.