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Morning Silk Road
Last night, after the big surge in the market, there has been a pullback, which is a normal phenomenon. After a big surge, there will always be a small pullback and consolidation to prepare for the next better breakthrough.
From the four-hour level, the trend of the Bollinger Bands' three lines remains open and is continuously expanding, with the middle and upper lines still exhibiting an upward development pattern, proving that the market's bullish trend still dominates. From the hourly level, the three lines of the Bollinger Bands show a closing trend, indicating that the market is in a brief consolidation and accumulation phase. The lower middle line exhibits an upward development pattern, proving that the bullish trend is still guiding the market direction. In the morning layout, we will continue to adopt a high sell low buy strategy for our long positions.
The range of Bitcoin is between 108500 and 108000, targeting the 11 mark.
Ethereum near 2550, target 2700 #BTC #