The market experienced a significant decline in the early hours, with Bitcoin dropping to the 106,000 level before rebounding. Ethereum also fell to 2,450 before rebounding. In the short term, we have also entered the market with options timely.
The overall trend remains firmly bullish, without a doubt.
In the short term on the Silk Road, we have reminded everyone that after breaking down below 108,000, we will return to a range of adjustment. The nearly 4,000 point drop still hasn't broken through 106,000, and this support level remains strong. Moving forward, we will continue to rely on this level to position long options on the Silk Road, while simultaneously positioning long options near 2,450 for Ethereum.
