The price of the pancake has reached a recent high point. From the K-line trend, the price of the coin is facing resistance after rising, showing an overall weak and oscillating trend. Observing the 1-hour level, the Bollinger Bands show signs of convergence, with the price returning below the middle band, indicating weakened bullish momentum and significant resistance above in the short term. Coupled with the trading volume failing to effectively increase, it suggests insufficient upward momentum.

In summary, it is recommended to cautiously short with a light position around 95000-95500. If the price breaks through and stabilizes at 96000, exit decisively. The first target is 93500, and if it further breaks down, it may test the 92500 area. In terms of operations, attention must be paid to position management to avoid chasing orders and to guard against risks from short-term rebounds. #BTC走势分析 $BTC