Family, great news! The big pancake has finally reached a new high! This morning, the big pancake formed a spinning top at the 105000 point, and both sides are fiercely battling it out. Yesterday, various positive news broke out, with someone making a big purchase of the big pancake, and as soon as this news came out, many people rushed in as if they were enchanted. However, this may just be a trap to lure you in at a high position, yet there are indeed many who got on board. We must understand that positive news at a high position is not necessarily good news, and negative news at a low position may not really be that bad. Although the price hit a high point yesterday, there is an obvious problem: there was a price but no trading volume, and the divergence between price and volume is quite serious. Currently, it appears that a bearish trend has gradually formed, and there are obvious signs of capital distribution. It will be extremely difficult to break through the 110,000 high point again in the short term. Based on the current situation, a decline to this position is almost a certainty of a drop by ten thousand points. Looking at the daily chart, the resistance levels above are at 103500, 104500, 105000, and 105800; the support levels below are at 101450, 100000, 99300, and 97400.
In addition, let me share a new hotspot in the cryptocurrency field. Recently, a dogecoin called Conan has become extremely popular, with high discussion rates. The story behind Conan is not simple; it is named after a heroic dog that was personally awarded by the 'understanding king'. Moreover, this project has a top-notch team behind it continuously pushing for development, and its potential should not be underestimated. For those investors who pursue high returns and dare to take risks, Conan is definitely a potential investment target worth paying close attention to. If you strategically position yourself now, you might be able to reap high returns in the future and get one step closer to realizing the dream of financial freedom! 柯南官方群 $BTC
