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Wednesday afternoon Jingyi's operation on silk analysis
The market is showing a wide range of fluctuations, and it is expected to continue to decline in the afternoon. The price movement is indeed slow. After peaking around 120300 in the early morning, it encountered resistance and fell back, currently the low point has returned to around 118400.
This morning it was clearly indicated that BTC could be shorted in the early session, and now there is already a decline space of over a thousand points, which has been captured in this wave of decline. Currently, it is in a broad fluctuation rhythm, and the downward trend still has continuity. In the afternoon, it is recommended to continue shorting to see the decline.
Operation suggestions
Short in the range of 118800-119000 for BTC, targeting the 116500 level.
Short ETH in the range of 3720-3740, with a target focus on the 3600-3550 line.
#山寨季来了？ #稳定币监管风暴 #Gate 6月透明度报告 #BTC #ETH