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Zhu sir 9.29 BTC Ether morning Silk Road
Last week, no matter which direction he took, Sir Zhu kept emphasizing one thing: the pullback of BTC and Ether is not enough. If it doesn't reach the previous range of fluctuations between longs and shorts before Monday, it will still fall further.
This morning, we smoothly returned to the previous fluctuation zone, so today BTC and Ether can no longer be viewed according to the previous Silk Road direction ↓.
First, the BTC Bollinger Bands have shown signs of upward movement. Today, we need to observe the strong resistance level at 113300. If it breaks through effectively, we will continue to look up to 114500, and for the medium to long term, we are looking at 118000.
The Ether resistance level is at 4200. If it breaks through effectively, it can rise to around 4380.
For reference only, investment in wealth management carries risks, please invest cautiously!