1.6 Morning Analysis
Looking back at the weekend, the market was relatively slow, with a highest point of 98976 and a lowest point of 97276, fluctuating over a thousand points over two days. Looking back at last week, the overall trend was upward, and we continue to maintain a low position on the Silk Road.
From the current market perspective, after the price rebounded to a high point in the early morning, it has now started to pull back. This pullback is an opportunity for us to take a position, paying attention to the support level at 96000, which has not been broken, and the Silk Road remains unchanged.
Bitcoin: Pullback to around 98000-97500 for a position, looking up towards around 99500.
Altcoin: Pullback to around 3600-3550 for a position, looking up towards around 3680.