Morning Silk Road

Over the weekend, the big pie did not experience much fluctuation, continuing to move sideways to determine the key nodes of wave b. Everything is suggesting that this battle without gunpowder has officially begun.

As for the current state of the big pie, if the plan is for a short position, attention should be paid to the new high of wave b. During the critical phase of determining the node of wave b, be prepared for both scenarios!

From yesterday's consolidation state, the strength of the current setup is relatively strong. One can consider opening a position at 97000 to look for 98500 to form the overall structure of wave b. The upper limit of 98500 should be considered for entering the market.

The big pie may pull back to around 97000-96500 for staggered positions, targeting around 99000.

Ethereum may pull back to around 3680-3650 for staggered positions, targeting 3790.