#BTC #ETH The fluctuations in maritime trends are like ocean waves, uncontrollable, but you can adjust your sails. The important thing is not to predict the storm, but to build a ship that can withstand the wind and waves. Last night, the big pancake again strongly tested the 110,000 mark, reaching a high point of 110,484 before coming under pressure and falling back to around 109,500. Yesterday, Lao Hu consistently provided a bearish perspective at high levels, and the short positions in the big pancake collectively gained over 3,100 points, with a space of over 80 points. The recent maritime trends are evident to all, with fluctuations often exceeding a thousand points, but how many people can truly grasp such large fluctuations? Whether going long or short, there is ample space; if we do not seize this maritime trend now, then when?

From an hourly perspective, the three lines of the Bollinger Bands are showing a significant convergence pattern. The price touched the upper line and quickly fell back, with clear pressure signals. It broke below the middle track support level, and the three lines of the Bollinger Bands show a parallel trend, with the bandwidth shrinking to the extreme range of 0.85%, indicating a significant reduction in short-term market volatility, likely entering a narrow oscillation phase. The MACD indicator also releases a bearish signal, with the dual lines completing a key shape transformation from a golden cross to a dead cross above the zero axis. After five consecutive trading periods of tight oscillation, the distance between the dual lines gradually widens, and the green momentum bars continue to increase, showing that the bearish forces dominate in the short term, and the market may continue a corrective trend. Considering that the current price is still at a high level overall, chasing highs carries significant risks, so the strategy will focus on entering shorts after a rebound at high levels.

Operational Advice

Big Pancake near 119,800, target first at 108,000

Instrument near 2,590, target at 2,520