Good afternoon, everyone!


I was busy last night and didn't have time to post about the Silk Road in the early morning, but I noticed that the key points and directions I needed to mention have already been covered in the daily documentation.

Yesterday afternoon, I reminded everyone to focus on going long, as there is strong support below, and a rise is inevitable. The trend of Bitcoin is still relatively healthy. However, Auntie's token has attempted to push above the 2020 line several times and has just managed to break through, but now it has fallen behind again. It's currently struggling to keep up with the pace of other altcoins.

The current primary target for Bitcoin's upward movement is still set at the 875 level. At this position, short positions can be taken to look for a pullback with downward targets at around 855-845. If these two levels do not extend downward, one can directly enter long positions to look for a rebound. Additionally, if there is a breakout above 875, the upward momentum will increase, and short positions can be established at the 89-91 levels.

Auntie is currently also at the pressure level close to us, steadily shorting to around 2070-2120. If it does not drop below the 2000 line on the 4-hour level, it will still rebound. If it breaks below, then look to go long around 1970 in the morning to see a rebound, as long as it doesn’t act against us. In the short term, Auntie will still move in sync with Bitcoin, mainly looking for long opportunities.
BTC-1.36%
ETH0.83%
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