Family, this wave of 24-hour explosion in the big pancake 📈 is indeed eye-catching, and the market looks hot, but we need to pour a bucket of cold water first—today is Black Friday, and the more intense the surge at this point, the greater the hidden risk of a subsequent pullback.
From a technical perspective, the price has already touched around 118800, this strong resistance zone, which is like a hurdle; it's quite difficult to break through in one go, and the upward momentum is likely to pause here. More importantly, the sentiment in the market has become a bit too heated, and retail investors are starting to chase 📈, which makes it easy for the market to suddenly change direction from soaring to plummeting.
So, tonight's operations need to be clear: definitely do not chase highs, focus on the high-kongsi road. Just keep an eye on the 118000-118500 range; as long as the price touches here, we can gradually enter the market, and do not wait for so-called 'breakout signals'; chasing at this time carries far greater risks than rewards.
The pullback targets can be viewed in three stages: the first target is to look at the 117000 integer level; if it can hold, then look down to the 115000 support level. If the selling pressure is strong enough, seeing 113000 is also possible.
Finally, a blackboard reminder: Stop loss! Stop loss! Stop loss! Important things are worth repeating three times! Don’t let the current 📈 momentum cloud your judgment; the cryptocurrency market can flip faster than a page in a book. Preserving capital is the only way to have a chance to enter the market next time, and this must be ingrained in your mind.
In short, don’t think you can become rich overnight, follow the rhythm of the pullback, it’s better to earn a little less than to stumble because of greed; stability is always better than anything else.
