9.5 Morning Silk Road
On the 4-hour level, the MACD histogram shows negative values, and both the DIF and DEA lines are moving downward in sync, indicating a significant weakening of the short-term trend. On the daily level, although the MACD is still above the zero axis, the red energy bars continue to shrink, and bullish momentum is clearly declining. In terms of operations, it is recommended to primarily adopt a strategy of high selling and low buying.
For Bitcoin, a resistance level at 111500 and 112500 is observed, targeting around 109000-110000.
For Ethereum, a resistance level at 4350 and 4430 is observed, targeting around 4200-4270.
