Brothers

The current pullback targets for Bitcoin are initially looking at the range of 1160-1152. If it breaks below, then we will look at around 1135. If it retraces to the second target without continuing the trend, it will rebound. The upward target is initially around 1198-1120, if it breaks above, then we will look at the range of 1210-1215. If it does not break, the first upward target will still see a pullback.

The pace of the secondary market pullback has slowed down. Pay attention to the subsequent situation of large coins consolidating at low levels before further weakening. Currently, the pullback target is first looking at around 2930-2900. If it breaks down, then watch around 2880. If it doesn't continue the trend and rebounds, the upward target is first looking at around 3000-3020. If it breaks through, then look at around 3040-3080. Similarly, if the upward movement does not break through the first target, the market will then correct.

Overall, the Silk Road suggests focusing on the oscillating market, positioning well to take low long and high short positions, and maintaining good defense without overly aggressive strategies under conditions without negative news.