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

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

the evening of November 24
Currently, from the perspective of the market, the 4-hour level shows a stair-step upward pattern, with the K-line consistently standing above the middle band of the Bollinger Bands. Previously, the three lines of the Bollinger Bands were in a contraction consolidation phase, and have now entered a stage of outward divergence, with trend signals gradually strengthening. After the KDJ indicator completed a golden cross breakthrough, it has currently formed a preliminary dead cross structure, with both lines continuing to extend downward, indicating short-term pullback

11.24 Afternoon Thoughts
The pancake is currently in a range-bound state, and the technical indicators show a conflict between short-term rebound signals and a weak long-term trend. The morning star pattern and the short-term price rebound above the moving average create a bullish resonance, but the significantly reduced trading volume indicates a lack of sufficient momentum to support a sustained rise. In addition, the price is close to the resistance level of 88018, and if it cannot break through this area, it may lead to a price pullback to the secondary support of 84586 or even the strong

Silk Road on the morning of 11.24
After two days of consolidation over the weekend, the current market is showing slight signs of recovery. However, the rebound is not a reversal; this wave of rebound is just a normal adjustment after a significant drop. Bitcoin peaked around 88049 in the morning, then faced selling pressure and fell back. Currently, after quickly dropping to around 85915, it has rebounded again and is now near the 88050 level.
From the 4-hour chart, the Bollinger Bands are narrowing downwards. In the short term, Bitcoin is rising with small consecutive candles. Although the p

Silk Road on the morning of 11.22
Looking back at the intraday market, Bitcoin rebounded to the resistance level around 88000 in the morning, but then dropped like a deflated balloon, falling to the evening low of around 80600. The altcoin followed Bitcoin, rebounding to the high of around 2900 in the morning, and then quickly descending to the evening low of around 2620. Throughout the day, there were several precise predictions on the market's direction, so there's really no point in trying to guess the bottom in such a market.
From the current structure of the market, the daily leve

Silk Road on the evening of November 21
From the daily perspective, the current EMA moving averages of Bitcoin show a clear conical arrangement, with short-term moving averages consistently operating below long-term moving averages, indicating a strong trend direction. At the same time, the MACD indicator remains firmly below the zero axis, with green energy bars continuously expanding, indicating that the conical momentum is fully released and has strong follow-through. In conjunction with the mid-term trend, the conical dominant pattern is already very solid, and there is a high degree of co