Today's Big Biscuit Market View on the Silk Road [Not Simple]:
Yesterday, the big biscuit once again showed a pullback trend, which was in line with expectations, but the decline was slightly beyond. During the day yesterday, it was still fluctuating in the 99000——97000 range, but due to large holders selling at market price, the big biscuit suddenly dropped quickly. However, it did not break below 95000, indicating that the market still has a positive outlook on the big biscuit.
Currently, the downward momentum at the hourly level has weakened, and it is expected to continue consolidating during the day, so a pullback follow-up can be considered. You can try to buy small amounts around 94500, targeting 98000. The short-term pressure around 97800 above can also be considered for small sell positions, watching for 95000. (If you get in later, consider taking partial profits with a thousand points.)
Today's support can be placed at 94000——95000 below, and the breakout level can be set at 98000——99000 above.#$BTC