Sunday Afternoon Silk Road:

From the current market perspective, the pace of Bitcoin over the weekend is still relatively slow. After a rebound to around 99,000 at midnight on Friday, it has undergone a slight pullback for adjustment, and the market sentiment has not effectively declined, currently returning to the vicinity of 98,200.

From the 4-hour market perspective, after a slight rise and facing resistance, Bitcoin is still experiencing normal bearish retracement, with moving averages turning downward and spreading. In terms of MACD volume, the bulls have not shown a good release, leading to a slight decline in price. In the short-term structure, there is still a demand for further downward movement in the price. Overall, the trading strategy for Bitcoin should adopt a high sell and low buy approach between resistance and support levels.

Sunday Afternoon Trading Suggestions:

Bitcoin: Short at 98,300 current price, target 97,000

Ether: Short around 3,640, target 3,580