Saturday Morning Jingyi's Analysis on Silk Exposure (Rebound Continues)

Bitcoin has been consolidating at a high level recently, and after failing to retest 112000, it has started to decline. We have previously highlighted the high volatility, and the market has dropped over 5000 points. The downtrend is now established, and future operations are suggested to focus on high volatility.

On the daily chart, Bitcoin had a series of rising candles, but now it has formed a large bearish candle, reversing the upward trend and erasing the gains of the past two days, indicating a short-term weakening. On the 4-hour chart, a series of bearish candles have broken the upward trend, with strong bearish momentum expected to continue, suggesting to operate on rebounds for high volatility.

Trading Suggestions

BTC Trade high volatility in the range of 107500-108000, targeting 105000-103000

ETH Trade high volatility in the range of 2540-2560, targeting 2450-2300 #币安LaunchpoolHUMA $BTC $ETH