On Thursday afternoon, Jingyi analyzed Silk Road operations.

Attention:
BTC has directly broken through a new high, with the triangle pattern choosing to break upwards. This trend is clearly influenced by news from the early morning, driving the price to directly reach a new high.
The daily level has successfully broken through the trend line and stabilized.
The current market shows a clear divergence. The daily line closes with a long upper shadow bullish candle, indicating a weakening trend, with clear resistance signals above; the 4-hour chart shows consecutive bearish candles, suggesting that the trend may weaken further, with bearish momentum accumulating. Although the MACD is above the zero line, the momentum is neutral and slowing down, with a slow pace of trend change. The 1-hour K-line shows consecutive bearish candles, with range-bound fluctuations, attempting to build support. Bullish momentum is declining, and significant pressure is evident in the short term, so it is advisable to avoid chasing long positions.
Operation Suggestions
Short BTC in the range of 111400-111700, target near 110000 (if it doesn't break, go long)