3.5 Big Brother and Second Brother Silk Road


From the four-hour chart, the market previously experienced continuous bullish candles and upward movement, indicating that the bullish momentum has been temporarily released. However, after reaching the upper band resistance, it encountered significant selling pressure. Multiple attempts to break higher were unsuccessful, with clear resistance above; combined with the Bollinger Bands failing to continue upward, the overall market is stuck in a range-bound tug-of-war.

From the one-hour chart, the downward channel pattern has been clearly established. The upper boundary of the channel has become a key resistance level, with multiple previous attempts to probe this area confirming strong resistance. Based on the comprehensive cycle signals, the probability of a significant pullback in the market is relatively high. It is recommended to rely on resistance levels for rebound shorting, strictly control the pace, and implement proper risk management.

Big Brother's buyback at around 73500, 74500, with a target below 69000; if broken, look at 67500.
Second Brother's buyback at around 2070, 2120, with a target below 2060; if broken, look at 2020.
#加密市场上涨 #比特币创下近一月新高 #美伊局势影响
BTC-0.24%
ETH-1.33%
SOL1.44%
XRP-0.56%
GT0.27%
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