Thursday Afternoon Jingyi's Operation on Silk Analysis

From a technical structure perspective, the 4-hour K-line pattern of Bitcoin has shown typical top characteristics. Looking back at the previous upward trend, the market's buying momentum has continued to weaken, and the recent pullback after a high has caused the MACD indicator's red bars to shorten rapidly, clearly reflecting the insufficient follow-up of the bullish momentum, while the bearish force is gradually strengthening. Meanwhile, the KDJ indicator has formed a downward cross in the overbought range, further suggesting the existence of downside risks. Silk Road should continue to maintain a high short position.

Operating Suggestions:
Short BTC in the 1080-1088 range, targeting 1070-1050.

The strategy is for reference only, please proceed with caution, wishing fans all the best.
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