Silk Road on the morning of 11.19
From the current market structure, the four-hour level shows a three consecutive bullish rebound, with prices making an attempt to break through the middle band of the Bollinger Bands. However, during the upward movement, it encountered significant resistance, and bullish momentum is weakening and gradually fading. The market has shown signs of a pullback, and it is expected that after this round of rebound ends, the market will likely resume a downward trend.
On the hourly level, the market has shifted from a surge to a weak consolidation pattern, with prices gradually approaching the middle band of the Bollinger Bands; on the technical indicators front, the KDJ and RSI lines are all turning downward simultaneously, and the MACD indicator continues to shrink above the zero axis, with bearish signals gradually strengthening. In summary, the morning operation suggests maintaining a bearish mindset and focusing on the continuation of the downward trend.
The pancake rebounded to around 93500-94000, targeting the lower range of 92000-91200.
The two-token rebound is near 3160-3200, looking to target 3060-3000#逆势上涨币种推荐 #SEC与CFTC恢复运作 $BTC $ETH .

11.18 Morning Thoughts
The 4-hour level shows a clear downtrend. Although the technical indicators suggest that the downward momentum may be slowing down, the overall outlook remains weak. The price is currently approaching the critical support level of 91173, and the risk of a breakdown should be taken seriously. From a technical perspective, the bearish engulfing pattern of the candlestick combined with the bearish arrangement of moving averages creates a resonance, further intensifying the downward pressure in the market. However, the current price is in the oversold range, and trading volume remains low, so there is a possibility of a weak rebound in the short term, although the rebound space is expected to be limited.
The pancake rebounds to around 92000-92900, aiming to look down at 90900-90000.
The second bounce is around 3080-3120; the target looks at around 3000-2950 #逆势上涨币种推荐 #美联储会议纪要将公布 $BTC $ETH

Silk Road Forecast for the Morning of November 16
The big pie follows the trend and continues to be a cone. In the short term, pay close attention to the support level at 94,000.
The pancake rebounds to around 96000-97000; the target looks down to 95000-94000; if it breaks below 93000, the target looks down straight to eighty thousand.
The two cakes rebounded to around 3200-3250, aiming to look down at 3100-3050#美国结束政府停摆 #晒出我的Alpha积分 $BTC $ETH