Evening Analysis on July 18

Looking back at the afternoon situation in Hangzhou, the pancake started adjusting from the 121000 line, ↓ to around 118400 before entering a horizontal consolidation phase, with the short-term fluctuation range gradually narrowing.

From the hourly Bollinger Bands perspective, the current three lines are in a flat state, which visually reflects that the short-term market has entered a震荡整理 pattern, with both parties in a stalemate. It is worth noting that it is gradually approaching the lower track, and if it can stabilize effectively near the lower track, it may become a short-term止迭↑ signal.

Pancake

Pancake: fluctuating around 118400-117500, target around 119800-121000

Second Pancake: fluctuating around 3580-3560, target around 3730-3750 #ETH突破3600 $BTC $ETH