The little steps of the big pancake are truly abstract!
You might think it has stabilized at 1065, but it gives you a feeling of wobbling!
You might think it cannot stand firm, yet it is crazily testing this resistance area!
The occurrence of such situations indicates that the market's bullish and bearish analysis is at an infinitely close level, with the main players not participating at this time, allowing the market to freely contend, waiting for a bearish or bullish news to easily break this balance!
Therefore, the best approach at this moment is not whether to go long or short, but regardless of whether you go long or short, you must manage your risks well and set reasonable stop-loss ratios.
Boiling frogs in warm water, the frog dies of thirst, not from scalding, so at this moment, it’s best to stay out of the market and wait for direction.
The long positions entered during last night's live broadcast should take profits first; await news!
Overall: At this stage, the big pancake is above the trend suppression zone, and the bulls are slightly stronger than the bears, with the overall trend probability 📈 greater than 📉, so a more suitable strategy is to buy on dips! Focus on the pullback at 1036-1041; if it does not break below, enter without hesitation, the position is reasonable! $BTC