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Good afternoon, everyone! Have a nice weekend...
There is no problem with the Silk Road direction in the early morning; the target positions can all be reached. However, due to the influence of the rhythm, it is still in a narrow range of fluctuations. Therefore, our next Silk Road will still participate in short positions with high short and low long in the range, mainly focusing on shorting at high positions in the larger direction.
Bitcoin is currently rebounding from a low position, with a stable short position above around 1043-1048. For aggressive traders, it is near 1035-1040, with a defense at 1060. For pullbacks, first look at around 1025, and if it breaks, then look at the two positions around 1014-1007.
The concubine's synchronous rebound, with a stable short position around 2540-2580. For aggressors, the range is around 2500-2530, with a defense at 2610. On a pullback, first look at around 2440, and if broken, then look at the two levels around 2400-2360.
For those who have already entered the market at a low position today, first look at this rebound, and then choose to short based on the pressure situation at high positions. It is suggested to wait until the rebound position is reached before entering directly to short.
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