$BTC $ETH Yesterday, after the US evening market opened, Bitcoin’s lowest point moved down to 75.6k, and Ethereum’s lowest point fell to around the 2,256 level. Meanwhile, the market situation is now in a rebound and recovery phase. As I said in the early hours, directly chasing the peak is definitely associated with big risks—but for us, this is undoubtedly good news. Patience in waiting is finally about to pay off with an opportunity. Going forward, the most important thing to watch is the Federal Reserve interest rate decision early this morning and Powell’s speech,

As for my personal view: on the Silk Road, we still maintain a high stance and do not change. First, there is very heavy sell pressure overhead. Second, the current level where price is stabilizing below is not a significant support. What we’re seeing now is only a normal rebound. So in the next phase, we should patiently wait for an opportunity at the right level!