Monday Morning Jingyi's Analysis on Silk Exposure

The cryptocurrency market is like a battlefield, with alternating ups and downs; volatility tests willpower and presents opportunities. Those who dare to fight will ultimately succeed.

In the early hours of yesterday, the market corrected, with Bitcoin dropping to 116370 before rebounding, currently fluctuating around 117200; Ethereum reached a low of 3680 before recovering.

From a technical perspective, Bitcoin is oscillating at key levels, with the 4-hour K-line showing signs of bottoming out. The Bollinger Bands are testing the lower support, and we still hold a bullish outlook this morning.

Trading Suggestions

BTC: Consider going long around 116800-116000, with a short-term target of 119000

ETH: Consider going long around 3700, with a short-term target of 3800

Personal advice, for reference only $BTC $ETH #Chainbase上线币安