12.2 Monday Afternoon Silk Road:
From the daily chart, the K-line has continuously shown a rising trend of bullish candles, indicating that the bullish forces have not shown significant signs of weakening, and the probability of continued rise is relatively high.
The four-hour chart reveals that after the weekend's market adjustment, the K-line briefly fell below the middle track but quickly rebounded above that track, indicating that the support strength below is quite solid in the short term. The Bollinger Bands are showing a contracting shape, and have not released a clear reversal signal, with its support role still solid as before.
In the afternoon, we can pull back into the Silk Road, using the old Yushi ten plate rough fortune as a reference!
Monday Afternoon Operation Suggestions:
Bitcoin: Around 96100, target 98000
Ethereum: Around 3665, target 3740
