Good afternoon, everyone!
Doesn't the current market trend feel very familiar? The same trend at a similar position the next day. In the early morning, the Silk Road indicated to first look for a rebound and then a pullback. The positions of Bitcoin and Ethereum have both been reached, and for the short term, we can still use this as a reference.
If Bitcoin rebounds but doesn't go above 1040, it will start to pull back. Currently, if the pullback doesn't break 1025, it will rebound (be cautious when entering long positions). If it breaks, we will look to enter at 1016, with a stop loss around 1007; for the rebound, the first target above is around 1037, and if it breaks, we will continue to look towards 1048.
Ethereum's rebound and pullback levels have been accurately reached. At present, it is still rebounding in the area given the day before, around 2560-2530, with a stop loss around 2500-2480. The initial upward target is around 2640, and if it breaks through, we will look towards 2680-2730.
During the day, the Silk Road first looks for a low-level rebound, then enters to participate in the pullback above. #美国加征关税 $BTC