A Chen provided some long-term Silk Road suggestions:

The market remains high, currently forming a sideways movement above the 91000 support level on the four-hour chart. It appears to be consolidating for strength; the trading strategy is still to observe whether it breaks through 93400 on the four-hour chart. A breakthrough will lead to a rally. The trading approach continues from yesterday:

Start attempting light short positions near 93000, short at: 93700

Second position: Short with a low leverage in the range of 95000-96000, short at 96500.

If it reaches 100000, a three times leverage position with 5% allocation for a medium to long-term short position,

Intraday support on the downside: 90900. If this level breaks, the four-hour chart will enter a correction again, with downside support at: 89300, 87600, 86700, #BTC☀ #ETH🔥🔥🔥🔥 .