Monday Midday Silk Road

The Bitcoin weekly chart has recorded its first bearish candle after seven consecutive bullish ones, indicating a noticeable increase in market wait-and-see sentiment; caution is required when chasing prices upwards. The daily chart is currently at a critical position, with the middle line of the Bollinger Bands acting as a watershed—if it can stabilize above the middle line, the pullback may end and restart 📈; if it continues to face pressure, it may further test the 100,000 support level.

For short-term Bitcoin operations, the upper pressure levels to watch are 105,500-106,300, and it may be worth considering light positions on upward moves, targeting lower levels of 103,500-102,500; for support below, watch 102,500-101,800, where short-term low entries could be attempted, but quick in-and-out trades are advised.

Regarding Ethereum, there is pressure around 2,550 and 2,600, making it suitable for high-position layouts; support is strong around 2,400 and 2,350, providing opportunities for short-term rebounds.

The current market situation overall remains volatile, and it is recommended to avoid subjective directional predictions, strictly look for opportunities near pressure and support levels, and flexibly manage positions and take profits.