After the big pancake plummeted from 109800 to around 106000, it is currently near 108500, and the opportunity for a short position is emerging again.

For those who are stuck after buying high, this may be the closest you have been to breaking even.

Big pancake: Short near the 108500-109000 range, targeting 106000-104000.

Second pancake: Look at the 2510-2540 range, targeting 2450-2350.

$BTC