Last night, the big pancake broke through 104748, directly clearing 66.82 million dollars,
This wave is obviously the operator intentionally pushing the price up, clearing long positions and shorting both sides.
But today’s trend is quite disappointing, it has been flat for a whole day, with no volume, unable to push higher.
Tonight, it is very likely to directly crash, aiming to clear the long positions at 102564, only after clearing can there be an opportunity for the next big push.
As usual, don’t chase the highs, keep an eye on the key levels, and wait for it to wash out first.
