Pancake Evening Thought Analysis

The rhythm of this wave of market is actually very clear. Last Friday, the waterfall fell to around 1015, then bounced to 1159, which is a typical oversold rebound. After the rebound reached its level, I mentioned that we should short the rebound, and then it quickly fell back to around 1140. This segment of 'escape the top - short - low long' was completed cleanly and smoothly. When the rhythm is right, profits naturally follow.

The key question tonight is: can we still chase shorts? I do not recommend it. Trump is speaking, U.S. stocks are rising, and the market is relatively stable, making it unsuitable to blindly chase shorts, especially since it's a weekend node, which makes short-term rebounds more likely. Therefore, tonight's thought is to buy on dips and not chase shorts. The main strategy is short with some long positions, but the rhythm leans towards low long for a rebound.

Specifically, the key support below is at the 10.5 line. If it can stabilize above that after 4 AM, we can continue to lay low long positions, looking at the short-term repair in the 10.7-10.8 range. If the subsequent rebound lacks strength, then consider high shorts. The medium-term direction still retains the expectation of testing 100,000, but now is not the time to catch the bottom; prepare the chips and wait for next week's rhythm. $BTC #加密市场回调 #鲍威尔发言 #美联储降息预期 #现货黄金创历史新高 #美SEC推动加密创新监管