Silk Road Analysis on July 23rd, Early Morning



Currently fluctuating around 119000, with a daily high only reaching 119582. The momentum of the fluctuations is clearly weakening. From the 4-hour chart analysis, there are obvious signs of a decline. In the early morning, it was advised to go long on the Bitcoin at a high and short at a low.

BTC: 119300, near 120000 resistance, looking down to 118000, around 116000.
Two cakes: 3760, around 3800, looking at 3650, around 3590.
ETH2.99%
BTC1.62%
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