8.6 Afternoon Silk Road
The morning market reached 114100 and returned to around 113300, currently in a consolidation range.
From the 4-hour cycle observation, the Bollinger Bands are in a contracting state, the shipping pace is slowing down, and the short-term trend appears weak. Pay attention to the support level at 113000 below and around 115000 above. Maintain a low volatility strategy during the afternoon shipping, and do not resist the trend. Ensure proper defense.
Bitcoin returns to around 112800-112200, looking towards 114200-115000.
Ethereum returns to around 3530-3500, looking towards 3630-3660.
