Good Morning Traders.In the last Bitcoin update, I mentioned the possible scenario of Bitcoin touching the local resistance at $34.5. Here is another short update on it.Link to Image: https://www.tradingview.com/x/QqKbUU5O/As you can see, Bitcoin is now trading in the range, so we are a bit comfortable saying Bitcoin is still bullish. As stated earlier in the previous post, we need to see a close above the Blue box for solid confirmation. Once we break the blue box and blue line, that will be final confirmation. Because the strategy band is already indicating long on Blue Arrow @ the price of $28,820. (A red arrow on the last candle is still under formation, so we need to wait until the closing of 4 hours candle)However, Today is Monday, and usually, we see dump on Monday, so be careful before taking a long position. Ethereum USDT:If we need to see the overall market condition, I generally look at the ETH price action after checking the BTC USDT pair. If you see ETH USDT today, it is forming ascending triangle, which is a bullish pattern as per the textbook on chart patterns. However, most of the time, in crypto trading, patterns do not work as a textbook print, but they work as below drawing in the chart.Earlier in this post, I told you about MONDAY. Trading is a probability game, and I would say there will be a dump that follows the actual price action pattern in the given ETH Chart.Let's see how this Monday's price action is acting. On the breakout of the ETH, I would consider short with trailing stoploss.