7.4 Evening Silk Road

Reviewing the morning trend, the first contract retraced to the highest point of 109700 and then started to pull back, with a low of ↓ reaching around 108400; the second contract followed the trend of the first contract, starting its pullback at the highest point of 2601, with a low touching around 2525. This range still belongs to the intraday oscillation pattern.

The DIF line is below the DEA line, and the MACD histogram is negative, indicating a dominant bearish MACD, which shows that the current market has bearish energy release, with a short-term trend leaning bearish.

The first contract is bearish around 109500-110400, looking towards 108700-108100.

The second contract is bearish around 2570-2610, looking towards 2530-2500. #美国加征关税 $BTC