Silk Road on February 29

In the K-line chart of Bitcoin, recent prices have shown a fluctuating trend in the high range, forming multiple long upper and lower shadows, which fully indicates significant divergence between bulls and bears in the market. On the daily chart, a clear alternating trend of Yin and Yang can be observed, revealing that the market is currently in an uncertain state. At the same time, although the MACD indicator at the daily level still remains positive, its momentum has shown a weakening trend.

Bitcoin suggestion: 95500-95000 southward, target 93000-92500 $BTC

Ethereum suggestion: 1850-1810 southward, target 1750-1680 $ETH

For reference only.