How are Bitcoin and Ethereum performing on Monday afternoon? Let's take a look at the current technical reactions.

Bitcoin rebounded from the morning low of 90,791, reaching as high as around 93,382, but then pulled back again and is currently consolidating around 92,400. Ethereum's pace is quite synchronized, bouncing from 3,115 to around 3,221.

The idea of placing long positions in the 90,500-90,000 zone, given earlier in the morning, has been validated once again, and traders who followed the plan have gained nearly 1,000 points. At such times, it's easy to feel that the market might continue to rise.

However, looking at the four-hour chart, the issue becomes clear—although there are obvious signs of volume-driven upward movement and the attempt to test higher levels continues, technical indicators have already entered overbought territory. This means that unless the market undergoes a correction, simply continuing to volume up without a pullback could easily lead to a sideways or choppy trend, which would be problematic.

So, what is the current trading strategy? Wait for a pullback to find new opportunities. Specifically, focus on support levels provided by moving averages and the middle band of the Bollinger Bands, as these are often good entry points for long positions.

The operational suggestion is as follows: place long positions in Bitcoin around 91,500, targeting 94,000; for Ethereum, enter longs near 3,130, with a target around 3,250. Of course, the exact execution should be adjusted based on real-time market conditions and personal risk tolerance.