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Silk Road Analysis on the evening of July 31
The daily pancake has risen from around 117400 to around 118900, and is currently oscillating around 118400. On the hourly level, there is a contraction in volume, with a focus on high peaks and low troughs in the evening.
Bitcoin: 118800, near 119300, target looking at 117000, 115500.
Two cakes: 3880, around 3900, target 3800, 3740.