Wednesday Afternoon Jingyi's Analysis of Silk Exposure

From a technical structure perspective,

The daily Bollinger Bands are opening, and after the price is pressured by the upper band, it closed with a large bearish candle downwards, indicating strong pressure above. The outlook for the day is bearish; it is recommended to short on rebounds at high levels, with a short-term target at 115500, where MA10 is located. If it breaks below, the space below opens up.

In the 4-hour chart, it previously continued to break previous highs, and both the daily and 4-hour MACD were above the zero axis. However, currently, the 4-hour DIF and DEA are converging, indicating weakened momentum and confirming the pullback viewpoint.

Trading Recommendations

BTC can be shorted if it does not break the 118500-119000 range; if it breaks out, wait for a rise to 120000 before considering a short position.

For short-term trades, a light long position can be taken if the 115000-115500 range does not break; if it breaks, wait for a dip near 114000 to reconsider going long. #美国加密周 $BTC $ETH