7.4 Morning Silk Road

The main contract attempted to break through the 110,000 mark last night but failed, quickly retracing to the starting position, followed by a rapid rebound. The secondary contract's trend is similar to the main contract, rebounding after reaching 2563, currently facing resistance around 2600.

The W three-top pattern has already formed, and although the overall market sentiment remains strong, momentum has clearly weakened, with a high probability of maintaining a slow oscillation in the short term.

From a technical indicator perspective, the MACD red bars continue to shrink, indicating that bullish strength is continually diminishing, with the possibility of a pullback during the oscillation process.

Overall, the short-term trend is primarily characterized by slow oscillation, and it is recommended to adopt a rebound trading strategy.

Main contract rebound range 109800-110400, looking towards 108900-108000

Secondary contract rebound range 2600-2640, looking towards 2560-2520 #非农就业数据来袭 $BTC