The price of the pancake has hit a recent high and is now facing resistance and pulling back, with overall fluctuations showing a weak trend.
On the 1-hour level, the Bollinger Bands are narrowing, the price has fallen below the middle line, bullish momentum is weakening, and there is significant pressure above. At the same time, trading volume has not effectively increased, indicating insufficient upward momentum.
Old level 950-955 range, target looking at 935-920
Old level 1800-1830 range, target looking at 1750-1700$BTC $ETH
On the 1-hour level, the Bollinger Bands are narrowing, the price has fallen below the middle line, bullish momentum is weakening, and there is significant pressure above. At the same time, trading volume has not effectively increased, indicating insufficient upward momentum.
Old level 950-955 range, target looking at 935-920
Old level 1800-1830 range, target looking at 1750-1700$BTC $ETH
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