On Monday's open, Bitcoin surged rapidly past 93,000, seemingly ready to break through the previous consolidation range. However, this quick rise may not necessarily be a good sign.

Historically, sharp increases at market open often indicate brewing risks. Especially now, with global instability—frequent policy changes in the US, escalating geopolitical conflicts, and ongoing international tensions—uncertainty is high. This directly impacts the crypto market, causing capital flows to become highly volatile. Coupled with Federal Reserve personnel changes, upcoming non-farm payroll data, and fluctuating rate hike expectations, the market is likely to experience wide-ranging fluctuations this week, with intense battles between bulls and bears.

The key issue is that when global risk aversion rises, funds typically flow into traditional safe-haven assets, and the crypto market may face selling pressure—this is a market old rule. Therefore, Bitcoin's sudden surge this morning seems more like a trap created by major players exploiting news to induce a bullish trap rather than a genuine trend reversal. The oscillating pattern within last week's range has not changed, and chasing high now carries significant risk.

From a technical perspective, Bitcoin faces dense resistance above. 93,600 (previous high) and 94,600 are two critical resistance levels. Support levels below are relatively stable, with 90,800 and 89,600 worth watching. My suggestion is to establish short positions in the 93,300-93,600 range, aiming to verify support levels below.

Ethereum generally follows Bitcoin's rhythm, with resistance at 3,260 and support at 3,060. Maintain synchronized trading, be cautious with shorts, and avoid chasing highs.