Silk Road Market Report



Today, Bitcoin is clearly in a volatile rhythm, with rebound shorting being the main strategy.

Overall during the day, there was little fluctuation, just consolidation. It wasn't until the evening that there was some movement—dropping from 89192 all the way down to 87880, a move of 1312 points. Although it only formed one decent trend, catching it was a perfect harvest.

Ethereum and Solana's movements mostly follow the rhythm, with nothing unusual.

In this kind of volatile market, rebounds are opportunities—try to see if you can catch the bottom.
BTC-0,69%
ETH0,35%
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LiquidationWatchervip
· 6h ago
nah that 1312 point dump was nasty... been there, lost that lmao. just watching my health factor rn 👀
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TokenomicsPolicevip
· 6h ago
Missed the 1312 point move by a hair, just looking at the rise and fall list makes me want to smash my phone Dare to chase the rebound? Bro, are you trying to leverage or what Wait, did I really catch the bottom or am I again trapped That evening wave looked simple, but how is the execution Sol's follow-the-market trend is the most annoying, feels like it has no independence
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LostBetweenChainsvip
· 6h ago
1312 points is all? I'm still waiting for a big move, daytime is really just sleeping through the market. When the rebound crashes down, why didn't I see many people bottom-fishing? Where are they all? Following Sol has become a bit boring, when will there be an independent market? If this wave can really bottom out for us to buy in, it would be a huge profit. The question is, who can accurately judge the bottom? Only active at night, wasting life during the day.
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GasFeeLovervip
· 6h ago
1312 points dropped directly, this wave is still a bit fierce. Be quick when bottom-fishing. Shorting on the rebound sounds simple, but in practice, it's easy to get trapped. Have you guys held your positions? Where is the bottom? No one can say for sure, it all depends on who has better luck. Ethereum and Solana following the trend are a bit boring. When will we see some independent movements? Only in the evening is there activity. During the day, it's really exhausting. Consolidation, consolidation, still consolidation.
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GateUser-beba108dvip
· 6h ago
1312 points dropping straight down, this is the joy of shorting the rebound. 2 Repeated oscillations are really the most annoying, just waiting for that wave to break through. 3 Where is the bottom? Feels like every time I buy in, I'm halfway up the mountain. 4 Sol's follow-the-market trend is a bit boring, just watch how Bitcoin performs. 5 The evening drop was very comfortable, but daytime was too torturous. 6 Catching the bottom is easy to say, but how many people can truly do it when the market hits bottom? 7 1312 points may not sound like much, but in this market, it's already considered a gain. 8 Shorting on rebounds is simple to say, but the key is whether you can keep a steady mindset during execution. 9 These days, the market feels like it's repeating itself. When will we see a trending market? 10 Following Ethereum doesn't have much to look at; still, keep an eye on Bitcoin's movements.
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DEXRobinHoodvip
· 6h ago
1312 points just ran away, this wave is indeed good, but unfortunately I reacted half a beat too late. Shorting the rebound is definitely the most comfortable strategy right now, just waiting for that rebound trigger point. This BTC rhythm is a bit torturous, it took a whole day to see some real action. Where is the bottom? It still feels like it needs to be hammered down further. ETH and SOL are just followers, no clear opinion. The most feared scenario in this kind of market is a rebound followed by a crash. Stay calm. 1312 points, someone must be making crazy profits. Really, just short the rebound as planned, don’t overthink it, and you’ll make money.
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CryptoGoldminevip
· 6h ago
A bottom-fishing opportunity at 1312 points in the space, the key is whether the hash rate yield ratio can keep up with the rhythm. From this wave of decline, there should be room for difficulty adjustment cycles. The idea of shorting during the rebound is good, but I am more concerned about when the mining pool profits can break even. Trying at the bottom, but it depends on whether the ROI cycle can be shortened. Under this consolidation rhythm, those who buy low are waiting for a rebound, but the question is how high the rebound can go. From 89192 to 87880, the decline isn't large but interesting; let's see if it can get stuck at key levels. Rebound opportunities do exist, but don't forget the impact of difficulty adjustment on mining returns. 1312 points, some people have successfully bottom-fished, some are still watching, what about you?
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