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Silk Road on the morning of 7.21
The early morning market fluctuated back from 118000 to a low of 116400 and has now rebounded. Currently, it is oscillating around the 117200 range. If we look at the 4-hour chart, the moving averages are all flat, indicating that both sides are temporarily at a stalemate without a clear winner. However, overall, the bulls still have the advantage in the market. Therefore, for the next operation, it is still advisable to look for low points to buy in, following the strategy of going long.
The big pie returns to around 117200-116400, looking towards around 118000-119000.
The two coins return to around 3730-3700, looking towards around 3780-3810.
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