Evening Pancake Operation Analysis:
Today's fluctuations have been a bit troublesome, swinging back and forth between 105,000 - 106,500 USD.
From a technical perspective, the MACD indicator has produced a golden cross and is above the zero line, which is a positive signal; the Bollinger Bands have contracted by 18%, indicating that there may be significant volatility ahead. If it breaks through 106,500 USD with volume, bears may not be able to hold on, and the price could surge to 107,800 USD.
However, there is considerable resistance above at 106,500 - 107,000 USD, as many who were previously trapped are waiting to break even. If the breakout fails, 104,500 USD will be an important defense line; if it falls below that, one must be cautious of a drop to 103,000 USD.
The operation suggestions are as follows:
For aggressive friends, at 105,800 USD, you can try to go long with a small position, setting a stop loss at 104,800 USD, targeting 106,500 USD; if it breaks through, you can chase it up to 107,500 USD. For conservative investors, wait for a pullback to around 105,000 USD before slowly building a position, setting a stop loss at 104,500 USD, targeting 106,000 - 106,500 USD.
During operations, keep a close eye on the trading volume; if the price breaks through but the volume does not follow, it is likely a false breakout, so be cautious.
Strong recovery, asset doubling! Follow the orange east, layout in advance, and easily reap substantial profits.
Continuously pay attention: ALT ZKJ BID
