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Big Pancake Aunty Morning Silk Dew
From the daily chart of Big Pancake Aunty, the K-line continues to oscillate, with both upward and downward trends struggling to form effective continuations. The overall trend is confined within a predetermined box structure, forming a clear range oscillation pattern.
Yesterday's daily line closed with a bearish candle, and the K-line price quickly fell back after touching the upper Bollinger Band, clearly indicating strong selling pressure above, significantly restricting the market's upward space. In this situation, blindly chasing after price increases will undoubtedly face relatively high risks. From the four-hour chart, the long-standing mid-track has finally closed below, breaking the current flat oscillating structure. As the mid-track breaks, the oscillating bearish trend will continue to dominate.
This morning continues with the early morning Silk Dew as the main focus.
$BTC Big Pancake around 108200~107800, targeting around 106605.
$ETH Aunty around 2500~2520, targeting around 2430!!!
From the daily chart of Big Pancake Aunty, the K-line continues to oscillate, with both upward and downward trends struggling to form effective continuations. The overall trend is confined within a predetermined box structure, forming a clear range oscillation pattern.
Yesterday's daily line closed with a bearish candle, and the K-line price quickly fell back after touching the upper Bollinger Band, clearly indicating strong selling pressure above, significantly restricting the market's upward space. In this situation, blindly chasing after price increases will undoubtedly face relatively high risks. From the four-hour chart, the long-standing mid-track has finally closed below, breaking the current flat oscillating structure. As the mid-track breaks, the oscillating bearish trend will continue to dominate.
This morning continues with the early morning Silk Dew as the main focus.
$BTC Big Pancake around 108200~107800, targeting around 106605.
$ETH Aunty around 2500~2520, targeting around 2430!!!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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