Market Analysis

- Oscillation and momentum: The price oscillates between 96k and 93k, consuming the momentum of the MACD golden cross. The market is weak and the upward momentum is poor.

- News impact: The Silk Road news caused market fluctuations, and the price crashed to test the 935 support, but it did not play a positive role.

- Key price: 935 is an important support, and it may continue to fall if it falls below; 96k is a pressure level, and the bearish trend will continue if it does not break through.

- Trend forecast: Today's market will mostly repair the falling gap and find a direction after oscillating in the range.

Funding advice

- Don't chase high: 96k is under great pressure, so avoid aggressive pursuit of rising prices and being stuck.

- Watch the price: Pay attention to the 935 support and 96k pressure, and operate according to the rebound or breakthrough situation.

- Risk control: Reasonably control positions, set stop loss and take profit, and trade cautiously when the trend is unclear.

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