Tuesday, June 17

Good afternoon, everyone!

The high-altitude Silk Road has already been realized in the early morning, advising everyone not to chase the rise, but to wait for a high position to short, which can make it easy to take profits. Entering a trade often requires patience; if there's no opportunity, just wait patiently. If you seize the moment, there can be significant profit potential. Therefore, the mentality is the only thing you need to adjust at the moment.

The Bitcoin is currently pulling back and bouncing, with the initial target looking at around 1078-1080. If it breaks, then the next target will be the high point near 1090 from the previous night. If this rebound cannot effectively break through the first target level, it will continue to pull back down, with the initial targets looking at the two positions near 1065-1060.

The high-altitude defense level of 2690 given by the aunt late at night has also rebounded to around 2680 and pulled back, accurately testing the second target level of around 2530 given overnight for a rebound. The intraday rebound target is first set at around 2610-2630; if it breaks this level, then look at around 2670-2700. At the same time, if the rebound does not break the second target level, it will continue to pull back, with the lower target first looking at around 2560-2530.

Overall, the suggestion for the Silk Road today is to first look for a rebound to short before entering a long position on the pullback. For Bitcoin, short on the rebound at high levels with defense near 1098. For Ethereum, short on the rebound at high levels with defense near 2730-2750. As for entering long on the pullback, we will provide positions and defenses later based on real-time trends. #Gate 红牛竞速巡回赛 #Gate Alpha上新 #XRP ETF获批