The market of big pancakes has been trapped in a narrow range of fluctuations throughout the day, with limited volatility. The core reason is the approaching weekend, leading to a noticeable increase in market participants' wait-and-see sentiment. From the 4-hour chart, after briefly breaking the 120,000 mark yesterday, the price quickly rebounded above 121,000, indicating that the bearish forces have not formed an absolute strength; at the same time, the MACD indicator is gradually completing its repair, and the trading volume continues to decrease. All these signals point to a high probability of the subsequent market entering a consolidation phase, and short-term operations should revolve around the logic of fluctuation.

In terms of operations, key attention should be paid to the range of 122,200-122,700 above. If it touches near 123,300, one can consider placing short positions; below, we look towards the support zone of 121,000-120,500. Once the price approaches 119,200, one can consider placing long positions. #广场热度值助燃心仪代币