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Silk Road Analysis at 7:25 AM
After dropping to around 117700 in the evening, Bitcoin started to pull back, reaching a high of around 119400. Bitcoin made several attempts to break through 119500 but failed to achieve an effective breakthrough. In the early morning, pay close attention to the high-level retracement.
Bitcoin: 119300, near 119800, looking at 117800, near 117000.
Two cakes: near 3730, 3760, look at around 3630, 3600.