The pancake shows signs of rebound overnight, rising from the low of 108050, climbing to a high of 109123 before encountering resistance, and subsequently entering a phase of adjustment and correction.
Currently, the price has not formed a substantial breakdown or effective breakthrough, returning to the range after a dip and also showing a pullback after the peak. $BTC
From a short-term perspective, the market is likely to continue the tug-of-war consolidation pattern.
The hourly K-line structure exhibits typical characteristics of a consolidation phase, with unclear directional guidance—after a series of declines, it was quickly recovered by consecutive gains, maintaining an overall oscillating tug-of-war situation, lacking both sustained upward momentum and signs of a persistent downward breakdown.
In terms of operations, it is still advisable to focus on consolidating within the range!
