Midday Silk Road forecast, as expected, declined.

Analysis and Suggestions for the Afternoon of December 26
In today's morning session, the market showed a consolidation trend around the 100,000 mark. Although it seemed to have the momentum for a breakthrough, the technical structure did not provide sufficient support. From the observation of the four-hour level, the price continues to face pressure at the high point around 100,000, clearly showing signs of consolidation and pressure. Despite a strong demand for a breakthrough, the lack of sufficient momentum has kept the market in a state of consolidation.
In the short term, the market sentiment leans towards oscillation, making it difficult to establish a stable upward trend. Driven by bearish momentum, the market shows a tendency to gradually decline and probe lower. The upward tests have already shown significant difficulty, making breakthroughs hard to achieve. Therefore, it is expected that the next phase of the market may enter a bearish downward trend. It is advisable to remain vigilant, closely monitor market dynamics, and allocate assets reasonably to cope with potential market changes. In the absence of technical structure support, any judgment on the market should be approached with caution.
Suggestions
For Bitcoin: around 98,500-99,000, look for around 97,000-96,000
For Ether: around 3,450-3,470, look for around 3,400-3,350
#btc #eth