1.8 Afternoon Silk Road:

Yesterday, the big coin surged to around 102700 and then formed a real downward trend. A strong wave of sell-off hit in the evening, with the big coin touching a low of 96153.

The second coin touched a level of 3700 in the morning yesterday, and the downward movement in the evening and midnight formed a strong continuation. Currently, the second coin has touched a low of 3353.

From the current perspective, after seven consecutive daily gains, the daily level is under pressure at the upper resistance. A large bearish adjustment touched the middle support and rebounded. The middle support serves as the lifeline for the big coin. As long as this position holds, it can still recover bullish momentum in the short cycle. Daily space adjustments do not change the overall upward trend of the bulls. The afternoon situation looks better for the big coin.

The big coin is in the range of 96100-95800, target 96800-97500.

The second coin is in the range of 3330-3300, target 3370-3400.