2026-01-02 16:23:52

Recently, Silk Road Coin has been in a high-altitude pattern, with volatility narrowing due to market closure. From a technical perspective, there is no more room to chase higher above 895; it is recommended to short on rallies.

The key resistance levels to watch are 902, 912, and 935 in sequence. Among them, 935 is an important resistance. If it is unexpectedly broken upward, there is no need to panic; you can add to your short positions on pullbacks. The key is to control the position size well, leaving room for potential large-scale corrections later—after all, if the expected downtrend is delayed, the oscillations in between can be quite frustrating.

Overall, the result is not far away, and the moment to verify the trend with patience is approaching. Grasp the rhythm and maintain a stable mindset to achieve gains in this wave of market movements.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

6 Likes

Reward
6
6
Repost
Share

Comment

0/400

BlindBoxVictim

· 6h ago

Breaking 935 doesn't mean you should run, it's just torture. We have to endure this wave of market行情.

View OriginalReply0

GateUser-3824aa38

· 6h ago

935 broke me, what else do I want? I already cut my losses. This market trend is just tormenting people.

View OriginalReply0

GasFeeNightmare

· 6h ago

895 this position should have been exited long ago, now chasing high is just sending money away --- 935 if it can't break, I will continue to short; if it breaks, I'm not afraid. The key is to stay alive and see the pullback --- This wave of market really, one moment excited, the next anxious, mentally exhausting --- Have you all controlled your positions well? Don't find yourself out of bullets when the pullback comes --- The narrow-range market during these days of market closure is really frustrating, waiting for validation is truly hard to endure --- I've marked the points at 902, 912, and 935. Let's see which one admits defeat first --- Exactly, mindset is the most important; technical analysis is actually secondary

View OriginalReply0

HalfPositionRunner

· 6h ago

895 hasn't been broken yet and you're still bragging. I think your analyses are all armchair strategizing after the fact. Talking about controlling positions and telling others not to panic, it's easy to say, but when the pullback happens, your mindset will collapse. Just wait and see, if 935 can't be broken, we'll just continue to lie flat.

View OriginalReply0

GasBandit