Morning Market Analysis on the 8.6 and Silk Road



In the 4-hour MACD, both DIF and DEA are operating below the zero axis. Although the histogram has shortened, indicating a local stabilization signal, the overall situation remains weak. The daily MACD continues to diverge downwards, indicating that bearish forces still dominate, and the characteristics of weakness in the larger cycle remain unchanged.
Overall, short-term buying at low levels provides some support, but has not reversed the weak pattern of the larger cycle. Attention should be paid to the strength of the rebound and the situation of short selling pressure.

Operating Idea: (For Reference Only)
Short near 1145-1140, target around 1120-1135.
BTC-3.78%
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