How to view the large pancake in the morning?
1. Confirmation of Retraction End
The 1h retraction has completed, now returning above 95, confirming the start of a new round of upward movement.
The central axis has formed a buy signal, indicating a shift towards strength.
2. Multi-Period Analysis
Observe whether the MACD shows a top divergence; if it shrinks, be cautious. Currently, note that the 4h is under pressure around 98.5, and may experience a short-term retraction.
3. Suggestions
If it retracts to around 94.5-94, aim towards 96-96.8.