Tuesday Midnight Jingyi's Operation Silk Exposure Analysis

Recently, the market trend has seen a rise followed by a fall, resulting in a double kill for both bulls and bears, with rapid changes.

There are reasons behind both rises and falls, often accompanied by news, but the core principle is that there is no market that only rises without falling or only falls without rising. After a significant rise, a correction is needed; if there is a lack of news to drive the market, it is unrealistic to rely solely on long contracts waiting for a surge.

During the day, Bitcoin completed the second wave of decline and rebound on the 1-2 hour level, and is currently in the third wave of decline, with the extent of the drop depending on the selling pressure. The weekly trend is strong, and a correction at the daily level is normal.

Night Market Analysis:

Bitcoin Pay attention to the 116875 position at night; if it holds, a 1-hour rebound will begin, with resistance levels at 118490, 120460, and around 122030 above.

If it cannot hold above 116875, it indicates a lack of strength in the rebound, and it will continue to fall, with support levels at around 115200, 113255, and 111310 below.

Operational Suggestions:

BTC Short near 1185 Short-term target at around 1165 #币安钱包TGE $BTC $ETH