Saturday Morning Jingyi's Analysis of Silk Exposure

Intraday Bitcoin Market Analysis and Trading Suggestions: This morning, it briefly surged to a high near 121,000, with Bitcoin first rising and then falling during the day. It subsequently entered a downward oscillation trend and has already touched the bottom of the oscillation range around 117,200 in the evening, with significant fluctuations throughout the day.

The current market signals are very clear: the three lines of the Bollinger Bands are opening downward, and the market is operating near the lower band, displaying a continuous five consecutive bearish candlesticks trying to test downward, with strong downward momentum still present, and a clear expectation of short-term decline. In the future market, it is crucial to focus on whether the bottom of the 117,000 range can be broken. The main trading strategy this morning is to short at high levels.

Trading Suggestions

BTC: Short in the range of 118,000-118,500, targeting 116,500-115,000;

ETH: Short in the range of 3,570-3,600, targeting 3,400-3,480.

Personal advice, for reference only! #美国众议院通过三项加密货币法案 $ETH $BTC