Early Morning Silk Road on December 8
Last night, BTC first rose and then fell, rebounding from the low point around 87,688, and then retracing after reaching the high point around 91,722, stabilizing around 88,890. ETH showed similar market conditions, first rebounding from the low point around 2,903, then coming under pressure and falling back after reaching the 3,150 mark, gradually stabilizing around 3,010.
Currently, the market's rebound momentum continues to improve, bullish momentum is strengthening, and the overall long sentiment is gradually heating up. From the four-hour chart, the c

12.6 Early Morning Silk Road
Reviewing the intraday market situation: In the early morning, BTC overall showed an upward trend, reaching a high of 92,665 before retracing. In the evening, the price dropped to a low of around 89,863. ETH's overall movement was similar to BTC's, reaching a high of 3,192 in the morning, then declining toward the evening, with the lowest point around 3,081.
From the chart structure, the daily level has repeatedly failed to break above the mid-upper band, forming a clear double-top pattern. After consecutive rebounds, momentum is completely exhausted, and the pre

June 12 Evening Silk Road
Bitcoin rebounded intraday, attempted to break through the 93,000 mark but failed and started to fall back. Currently, the price has returned to fluctuate around 91,100. Ethereum rebounded intraday, reaching a high of 3,191 before coming under pressure and pulling back; the price is now fluctuating around 3,120.
On the 4-hour chart, the price previously broke through the upper boundary of the triangle range and rallied with consecutive bullish candles. As mentioned before, breaking out of the triangle range would initially test the upper boundary, but this is limited

12.5 Afternoon Silk Road
On Friday, the overall market showed a seesaw battle, with relatively small intraday volatility. After dropping to a low of 90800 in the morning, BTC slowly rebounded throughout the day, gradually recovering upward. By midday, it had recovered to around 92665 before pausing, then began to slowly pull back. ETH followed a similar rhythm as BTC, stopping its morning pullback at the 3064 level, and also consolidated intraday. ETH’s midday rebound was relatively strong, with the highest reaching 3192 so far.
Currently, the market is releasing clear positive signals. The fo

12.4 Silk Road Morning Update
Reviewing the overnight market, BTC continued its upward consolidation pattern. After hitting a low of 92,315, it quickly rebounded and reached a high near 94,185, with a short-term fluctuation of over 1,800 points. ETH also maintained its strong performance from last night, rising steadily from around 3,050 and reaching a current high near 3,239.
From the daily chart perspective, the price has shown two consecutive bullish candles and successfully broken through the middle band of the Bollinger Bands, currently stabilizing above it. The three RSI indicator lines

12.4 Early Morning Silk Road
The day's market trend is coming to an end. Bitcoin completed a pullback adjustment in the morning, quickly stabilizing after touching the key support level at 90954, and then started a unilateral rally in the afternoon, reaching a high of 93932. The short-term fluctuation exceeded 2900 points. Ethereum moved in tandem, rebounding after hitting a morning low of 2983 and climbing to a high of 3083 in the afternoon. In the evening, with the opening of the US stock market, there was another pullback and bottom-testing trend. Currently, Bitcoin is trading near 92000 an

12.3 Morning Silk Road
After the big pie tested the key support level of 87005 last night, it launched a strong counterattack during the midnight period, reaching a peak of around 92273, with a short-term increase of over 5000 points! The second pie followed the big pie's lead and strengthened, starting a one-sided upward trend from the low point of 2780, temporarily facing pressure after reaching the high of 3034, with impressive performance during the day!
From the current perspective, the daily level shows a clear pattern of rebound after a decline. After a series of bearish adjustments

Silk Road on the evening of 12.2
The overall daytime market for Bitcoin is fluctuating upward within the range of 86200 - 87500. From the perspective of the moving average system, it is gradually rising and forming a head arrangement pattern. On the daily level, although the trading volume has shrunk somewhat, the candlestick still closes positively. Currently, the key resistance level above that needs to be closely monitored is around 90000.
Looking at the four-hour chart, the momentum is clearly weakening, and despite the reduction in trading volume, it has formed a five consecutive bullish

Silk Road Morning 12.2
Looking back at the early morning period, the big coin rebounded strongly after touching the bottom at the 84011 line, with the momentum concentrated and released, causing the price to continue to oscillate upwards until it climbed to the 86817 line in the morning. The second coin also resonated and strengthened, steadily rising from the low of the 2718 line, reaching a morning high of 2812.
In the four-hour chart, although the shipping trend occasionally rebounds and corrects within a unilateral downward trend, the trading volume continues to show a sustained shrinking

Silk Road at 12.2 AM
Yesterday, the Bitcoin price experienced a sudden crash, dropping directly from a high to the critical support line at 85563; in the afternoon, it fluctuated and climbed to the high point of 86886. Just when the market thought it was stabilizing and recovering, in the evening, the pressure returned, causing the price to plummet straight down to a low of 83786. The second Bitcoin followed suit, showing a downward trend, as the early Bitcoin price fell from a high of 3040, probing down to the support level of 2805 before briefly stabilizing, and then entering a phase of cons

On December 1, the crypto market experienced a "black opening" in December, with Bitcoin, Ethereum, and other mainstream tokens falling by over 5% in nearly 3 hours.
On the news front, Bank of Japan Governor Kazuo Ueda stated that if the forecasts for economic activity and prices are realized as expected, the Bank of Japan will continue to raise policy interest rates based on improvements in the economy and prices. This remark triggered a widespread decline in the Asia-Pacific stock markets in the early session.
Trump stated yesterday that he has finalized the candidate for the Federal Reserve

Silk Road on the evening of December 1
The price of Bitcoin has fluctuated significantly during the day, continuously declining from above 90,000 in the morning, briefly falling below 87,000 USD, and currently oscillating around 86,500.
From the current 4-hour structural perspective, the framework shows a clear two consecutive bearish trend, operating overall above the middle band of the Bollinger Bands. Reviewing last week's performance, the price failed to achieve an effective breakthrough after reaching the upper band resistance of the Bollinger Bands, subsequently falling under pressur

12.1 Silk Road in the afternoon
Today, driven by news catalysts, there was a significant fluctuation in the market. In the morning, Bitcoin surged to around 91300, but after a boost in the volume of short positions, the price quickly fell back to the 86300 range.
On the daily chart, over the weekend, the daily line turned from bullish to bearish, forming a solid bearish candle. Currently, the daily chart shows a reduction in volume with a long solid bearish line appearing, indicating that the bearish power is gradually gaining the upper hand, and there has been a clear shift in the short-term

In the morning, BTC fell into a technical pullback, with the lowest pullback reaching the 86900 level. The Silk Road has already made expectations this morning; if BTC breaks above 92000 and holds above, it will continue a bullish trend, otherwise, it can attempt a high pullback for adjustment. Everything has been mentioned in our Silk Road, so there was no hesitation in providing the pullback strategy this morning. We also acted accordingly, but during the morning's decline, the pullback resulted in unfortunate losses. However, subsequently, we followed the trend and managed to recover th

12.1 Morning Silk Road
Looking back at yesterday's market, Bitcoin dipped from the morning high of 91016 to a low of 90414, then surged strongly to 91580 in the afternoon, followed by a sustained upward fluctuation in the evening, with clear speculative activity. It is still in an upward phase. Ethereum dipped from the morning high of 3011 to a low of 2974, then began a strong upward trend in the afternoon, experiencing a strong pullback in the early hours. It is currently stabilizing around 3020.
From the current perspective, whether the current rebound marks the beginning of a new rise o

Silk Road on the afternoon of 11.28
Looking back at the Bitcoin market, it briefly touched the 91800 line in the early morning, indicating that there is still pressure above. It then began to decline in a stepped manner down to the vicinity of 90612 in the morning, with a drop of nearly 1200 points in this range. As for Ethereum, it is highly correlated with Bitcoin, declining from the 3043 line in the early morning to the 2992 line in the morning, with a drop of nearly 50 points in this range, resulting in a short-term rebound from a weak correction.
From the perspective of the daily structur

Silk Road in the early morning of November 28
Today's market situation is about to conclude. Bitcoin dropped to a low of 86596 in the morning and then surged rapidly, reaching an intraday high of 91931. However, it failed to stabilize and retreated to the 90410 level, currently hovering around 90800. Ethereum followed Bitcoin's trend, starting its ascent from 2905 and continuing to rise, reaching a high of 3070, before coming under pressure and falling back to 2983. It is currently consolidating around 3000. Throughout the day, thanks to the perfect alignment of market conditions and s

Silk Road on the evening of November 27
After breaking and stabilizing above 90,000 in the morning, Bitcoin has started to rebound, and the current price is fluctuating around 91,500. In terms of Ethereum, it has also seen a surge in volume during the day, with the price fluctuating above 3,000 throughout the day.
According to the current analysis of the market structure, a strong breakout pattern of four consecutive upward candles has formed at the four-hour level. The trading volume continues to be released, showing a clear one-sided upward trend in the short term. Currently, market sentimen

Silk Road on the afternoon of 11.27
The morning market rebound continues, with Bitcoin stretching to the 91850 line and Ethereum reaching the 3070 line. The retracement provided in the morning has once again been perfectly validated, with short-term targets hitting the expected direction as anticipated. The morning analysis clearly stated that Bitcoin should focus on buying around 90000 and Ethereum should focus on directly buying around 3000. Bitcoin directly reached 91757, gaining over 1690 points, while Ethereum reached 3070, gaining over 50 points. This rhythm is such that the strength est

Silk Road on the morning of November 27
Reviewing yesterday's market situation, in the morning, Bitcoin surged to a high of 88224 before experiencing downward fluctuations due to pressure from above. After reaching a low of 86851 in the afternoon, it stabilized and rebounded. In the later afternoon, it attempted to rally again but failed and entered another correction. In the evening, it touched a low point of 86306, and then buying power pushed the market to fluctuate upward. The altcoin showed strong correlation with Bitcoin; after synchronously rising to a high of 2984 in the morning, i