Evening Silk Road Market Analysis on July 17:

The market fell back to around 117800 near noon after reaching around 118700, then rebounded to a high of 119200, and is currently back down to around 118200. The increase in the last four hours has gradually narrowed, and the one-hour chart has broken below the zero axis. Subsequent attention can be paid to the support level near 115700, while the upper pressure at the 120000 mark should be noted. The evening market is quite volatile, so rational operation is advised, along with proper risk control.

Evening Operation Suggestions:

- Large Cake: Consider going short when rebounding to around 119000-118000, with a target towards 117500-116800.

- Small Cake: Consider going short when rebounding to around 3480-3510, with a target towards 3400-3360.$ETH $ETH