11.8 Friday Noon Silk Road Analysis:

Currently, Bitcoin is showing signs of a top divergence on the weekly chart, but from a structural perspective, the bulls still hold a dominant position. Overall, the trend this week is likely to conclude with new highs. The fundamental situation is relatively stable, and while there may be some pullbacks, the extent is not significant. Therefore, once there is a slight correction, it would be a good opportunity to add positions.

Ethereum has already shown a downward pattern on the 4-hour chart, and the appearance of upper shadows indicates that it also faces a risk of correction in the short term. A more prudent approach would be to position in advance at key support levels.

Trading suggestions are for reference only:

Bitcoin: If it pulls back to around 75500, consider going long, targeting 77000. #DOGE看涨情绪飙升 #美联储利率决议来袭 #山寨季将至？ #Avalanche回购AVAX代币

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