Yesterday's trend was completely in line with our expectations, and the bearishness on Silk Road was perfectly verified. The currency price fell from the recent high of 28333 to 26531 early this morning, and successfully broke through the 27000 mark. Within this range, we also gained a lot, many times It reminds me that the short sellers are all picking out oranges one by one. Yesterday, the pie also won a total of 1051 points of space, and Ether also won 71 points of space. The current situation is that as long as the direction is right, the rest will be left to time. This kind of Hanging is just a matter of bending down. No one would find it troublesome even to bend down.

The weekly heavy negative retracement is extremely negative and there is no counterattack. With this current pattern, the market outlook must still be bullish for continued decline. No matter what, there will be a new low this week. The daily line is negative for 5 consecutive times, with great continuity and amplitude. From the perspective of the cycle of decline, the magnitude of this decline is also relatively strong, mainly due to continuity. At present, there is no corresponding rebound, and this round of decline has swallowed up the previous gains in one fell swoop, which in disguise shows that the short sellers are strong enough. After four hours of continuous negative decline, the rebound was reflected in the form of broken yang and small yang. It has also broken out in the short term, so there is still room to go down, and we can still keep looking down in the future.

The morning pie is directly empty around 26900-27000. Let’s look at 26400 first. Ether is directly empty around 1570-1580, let’s look at 1530 first.