5.1 Big Pancake Ethereum Thoughts

First of all, I wish everyone a happy 51 festival! In terms of market conditions, there hasn't been much fluctuation in the past few days, remaining around the 95000-93000 range. Although the price hasn't changed significantly in recent days, I still want to briefly discuss; I personally believe that the technical aspect is still leaning towards bullish. The resistance at 95000 and 96000 will eventually be broken. The chips are currently gradually piling up, waiting for a suitable opportunity to explode. Moreover, the recent market trend is also strongly bullish. For the short term, one could consider going long at the 94800 level, with a target of 95500, and if it breaks, looking at 97500-98000.

Operational Thoughts:

BTC: Going long at the current price of 94800, keep the position light. Hold this order for a bit longer. Looking to break through to 97500-98000. If the market drops below 94000, just add more.