.1 Morning Silk Road and Recommendations


Last night's current price remains held. The market is currently in a tug-of-war between "macro sentiment recovery" and "short-term cautious capital." After ending a five-month decline, Bitcoin is attempting to stabilize around 68,000, while Ether faces greater structural selling pressure.
Currently, the price is repeatedly testing around 68,800 (50-day moving average). If it can hold steady and break through with increased volume, the upward potential opens up, with a chance to challenge 82,000; if it cannot break through after prolonged effort, there is a risk of retracing to 60,000.
Although the price is firm, the options market still has a large number of put options at $60,000. Whales and miners are also hedging, so caution is advised when chasing short-term gains.
In terms of strategy, it is still recommended to follow the current strategy, focus on the resistance levels, and wait for a stable entry point.
Suggested buy around 68,300, target 66,000.
Ether also aligns with a buy around 2,010, target 1,940.
These are personal suggestions only. Please follow Sister Lin’s layout for specific actions. $BTC#比特币btc #以太坊eth #Gate金手指
BTC2,94%
ETH4,69%
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