Silk Road at 11:25 AM

Looking back at Monday's market, Bitcoin continued to decline from the high point of 87795 around noon to a low point of 89966 in the evening, then stopped and rebounded. Currently, the price is fluctuating around 85654. The altcoin market also dropped from the high point of 2884 in the afternoon to a low point of 2786, then rebounded to around 2825. Today, Yu Ze has recorded a total of over 6000 points from Bitcoin and over 230 points from altcoins.
We only speak with facts, because only win-win cooperation can last long. Deception and fabrication can only last for a moment; everyone is not a fool and can terminate cooperation at any time, which is meaningless. Whether in life or in work, integrity is the foundation. Having been in the industry for more than 10 years, I have always adhered to my professional ethics.

From the analysis of the current market structure, although there is a slight rebound at low levels, one must avoid being disrupted by short-term fluctuations! Many investors mistakenly judge a trend reversal when they see the market warming up, rushing to enter positions, and ultimately getting trapped again due to the lack of continuity in the rebound; even worse, some rely solely on subjective feelings to guess the bottom, believing that the market has fallen deeply and should stop falling and rise, while ignoring that market trends do not change based on personal will - before there is a clear turning signal, it is essential to firmly follow the existing trend structure; blindly operating against the trend will only lead to painful consequences. It is worth noting that the stronger the rebound on the four-hour level, the more it confirms the resilience of the prevailing trend, and this recent rebound cannot fundamentally change the overall downward pattern. In the early morning, Yuze still provides a high-level silk road.
Operation Suggestions
Bitcoin: Range around 87400-87700, targeting near 86000.
Two cakes: around 2880-2900, target looking towards around 2700.
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