Thursday Morning Silk Road:
From the current market perspective, after being pressured at the upper track, the daily line has formed a two-day downward trend and has broken below the middle track, once again returning to the trend dominated by bears. It has been mentioned multiple times in previous articles that the middle track of the daily line serves as the lifeline for bulls. Once this position is breached, the immediate thought is not about correction, but rather the beginning of a trend reversal. Currently, the overall situation shows weak rebounds. The increase cannot withstand the impact of the decrease.
Thursday Afternoon Trading Suggestions
Bitcoin: Short around 95000, target at 93500
Ethereum: Short around 3355, target at 3250
