5.5 Evening Pancake View, the same name can be searched in Gongzhonghao

The afternoon market has already ended, and after the pancake tested the high and fell back in the morning, there has been no significant fluctuation. The white pancake has been in a slight oscillation processing stage throughout the day. After the morning pancake was pressured at the high point of 95700, it fell back and encountered a slight rebound after touching around 94000. It then began to retrace all the space it had lost. Our thinking given in the morning was also quite accurate, and we successfully captured over a thousand points by shorting around 95000. When the thinking is correct, profits appear to come naturally. The market is not as difficult to grasp as imagined. Keeping up with our rhythm is not a matter of time, right?

Currently, looking at the pancake, the daily line has turned negative after two consecutive positives, indicating that the bullish momentum has been fully released previously, and the bearish force is beginning to slowly show up. From the 4-hour level, the pancake is testing the bottom after a consecutive downward movement, which will provide a slight rebound. Overall, it is still in a phase of oscillating downward. Due to the obvious pressure from above, the bulls have failed to break through. The Bollinger Bands are opening downwards, producing a medium bearish line, and the price is running near the lower band. The support force from below is also quite strong, and the pancake has not been able to break through further. Currently, the price has reached around 94000 for oscillation processing. If it cannot effectively break through in the evening, then grasp the entry point. If it does break through, you can follow the trend accordingly, and everything will be based on the actual pancake.

The pancake can short at 94300-94700 with a target around 93000, and Ethereum can short at 1810-1840 with a target around 1750. #BTC $BTC