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1.28 Morning Silk Road Analysis
Yesterday, the Silk Road was repeatedly validated by the market, and during the night, there was a strong surge reaching the upper target zone of 89,000 to 90,000. Currently, the market is oscillating around 89,000.
In the short term, no clear bullish or bearish signals are evident. Today is likely to see mainly narrow fluctuations, waiting for the market to give more definitive signals.
Overall, the trend remains predominantly bearish.
Bitcoin Suggestion
Rebound to around 90,000-91,000 to consider short positions
Target can be set around 87,000-86,000
$BTC $GT