Early Morning Silk Road Analysis

The big pancake is expected to drop towards around 106300. The current price can be used for a short trade. If it breaks below 106000, then continue to short, aiming for 104000. If it does not break below 106000, then go long in the range of 106300-106800, aiming for 108000.

Ethereum can be shorted around 2400, targeting 2350. If it breaks below 2350, continue to short towards 2300. If it does not break below 2350, then go long in the range of 2350-2370, targeting 2480-2500.

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