The big pancake first goes down and then up, dropping 2000 points from 105800, with a strong rebound, breaking through 107000 in the early morning. The 'Aunt' ran down in the early morning, falling to a low of 2300, and did not follow the strong upward trend of the big pancake but stayed around 2500.
Currently, from the hourly chart perspective, although the upper channel has opened, it faces the risk of a pullback after the surge. The MACD is above the horizontal line, but both lines are declining. The Bollinger Bands show consecutive large bullish and bearish candles, and both sides of the market are still in a tug-of-war. Whether the 'Harmonic' can stabilize around 105000 is key.
In the short term, if there is a slight pullback and stabilization above 105000, there may be another opportunity for upward movement; if the pullback continues, it indicates that the wide fluctuations of 'Harmonic' may further lead to a pullback.
Currently, 'Harmonic' is still in the pullback phase after the surge, and the Bollinger Bands are following an M pattern. The market is temporarily unstable in the tug-of-war. 'Youmi' suggests following the market with short-term high-frequency trading.
Big pancake looks down at 103000-104600.
'Aunt' looks down at 2350-2380.
