7.21 Midday Silk Road
In the morning, when the navigation information was around 116500, the index increased and surged to 118500, and is now oscillating around 118300. Looking at the four-hour trend, the volume has decreased, and after two bottoms, it has started to rise again. The K-line has closed with a bullish line and has broken through the previous position. Next, we can see if it can break through around 119800. Now looking at the one-hour situation, the volume here has increased and is continuing to rise. Pay attention to whether the position around 118100 can hold, while looking above to see if it can break through around 119000.
Bitcoin retraces to around 118000-117500, aiming for 119200-119800
Ethereum retraces to around 3710-3740, aiming for 3780-3810
