7.25midday Silk Road

The morning Bitcoin slid from 118400 down to 115100, with the bears maintaining control.

The hourly BOLL structure shows a typical bearish pattern, with the middle band pressing down and the lower band widening, clearly displaying a complete downward posture. The middle band has become a moving resistance line, while the lower band continues to expand its distance, indicating that the bearish momentum is still being released, with no signs of contraction.

The MACD is adding fuel to the fire, with the dual lines continuing to diverge below the zero axis, the distance widening and the angle synchronously pointing downwards, which is a typical bearish volume state, making any short-term rebound basically unreliable.

If the integer 115000 is not held, the next stop will be around 113600, and it may even head towards 112000.

It is currently recommended to participate in short positions with a light position, prioritizing 113600. If it breaks, then look at 112000. #以太坊交易量飙升#