Recently, the pancake has been crazy dancing near 111000, like a spring spirit that has had too much to drink, jumping up and down and refusing to stay still.

From a technical perspective, this fellow is playing a game of 'I'm not going to let you guess'—the MACD is repeatedly crossing above and below the zero line, and the Bollinger Bands are almost being stretched into bell-bottoms.

The main forces are clearly playing cat-and-mouse; every time it seems ready to break out, it gives you a fake move; just when you're about to stop your losses, it playfully pulls back again. #比特币突破11万美元

Either watch from the sidelines as a bystander with a light position, or set your stop-loss and take-profit levels properly, don’t get tricked by this 'pancake spirit'! Remember, the market specializes in punishing all forms of disobedience, but it always rewards those who are patient! $BTC