Saturday Morning Jingyi's Silk Exposure Analysis

Happy weekend! Yesterday, after the big coin rose to a temporary high of 106486, the strength of the long position was concentrated and released, causing significant selling pressure, effectively breaking important moving average support levels. Jingyi’s fans have a light grasp on the big coin's long position at 1459 points and 4376 in the US dollar.

From a technical structure perspective, the MACD indicator shows the DIF line crossing downward through the DEA line, forming a death cross pattern. The green momentum bars continue to grow, indicating that the strength of the long position is further enhancing. The short-term moving average system is showing a downward divergence, and key support levels are facing significant pressure. If the important support level at 102255 is effectively broken, the market may enter a new downward trend.

Trading Suggestions

BTC Range 1036-1042, target around 1030-1024

ETH Range 2430-2480, target around 2400-2350

The strategy is for reference only; trading should be done cautiously. Wishing all fans smooth sailing.