Morning of October 12th Silk Road

Four-hour K-line, continuously dropped into the EMA trend indicator, breaking through the key EMA60 point of 98100, with the next EMA90 trend support point at 97000 and the key level of the major support EMA120 at 95600. MACD continues to shrink in volume and moves downward, with DIF and DEA starting to impact the 0 axis line. The lower Bollinger Band at 97800 has been lost, indicating a clear short-term trend. Aggressive traders can try short positions around 98000, while conservative traders should wait until the bottom is established to continue taking long positions, as the overall trend remains bullish. All pullbacks should still be treated as a buying opportunity.

Short-term strategy reference: The market is never 100%, so it's essential to set stop losses. Safety first - small losses and big gains are the goal.

Above, around 99000 is a resistance level, conservative at 99800, allowing for a 700-point range, with a target of 98000 and a break point at 97000.

Below, around 96500 is a support level, conservative at 96000, allowing for a 700-point range, with a target of 98000 and a break point at 99000. #BTC☀ #ETH🔥🔥🔥🔥