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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 the previous losses, achieving a perfect gain of over 2000 points. ETH also followed the trend, gaining 105 points. Overall, it still aligns with our expectations; if the direction is wrong, adjust in time, rather than stubbornly holding on.



Currently, after the repeated adjustments and repairs over the weekend, the market is able to wash out slowly, with liquidity deviations clearing the overhead leverage. The dominant market position is once again occupied by KONG, and due to the temporary weakness of the market, there are no signals for the overhead leverage to stabilize. In the short term, it is still advisable to follow the trend and chase KONG, but attention should be paid to whether the intraday rebound can timely form a top-bottom conversion; otherwise, the overall structure will still be in a weak state.

Operation Suggestions
BTC: around 86800-87000, target near 85000
ETH: around 2860-2880, target near 2750
BTC6.93%
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