The Sunday big pancake trend is still in line with expectations. After testing the low point of 116900 at midnight, it has been oscillating upward. After reaching around 118000, it surged sharply, with the market stretching up to around 119600. Overall, it has a long range of over 2700 points, and currently, the market is oscillating and correcting around 118500. Last night, we arranged the entry for the big pancake and publicly provided a hint to enter at 117100 and look up. We continue to follow the strategy, including when to reduce positions. By night, our efforts were rewarded as we successfully captured this trend, taking profits of 1966 points from the big pancake and 79 points from the little pancake. If you missed this trend under my almost caretaker-level guidance, you might really need to re-evaluate yourself.
From the current situation, the big pancake has surged and then retreated, undergoing oscillation and correction. The daily line has four consecutive upward days followed by a minor downward adjustment before strengthening again. The market remains above the moving average, and there is still strength in the upward trend. Looking at the four-hour level, the Bollinger Bands are narrowing upwards. The strong upward trend has led to a four consecutive day surge, allowing the upward channel to continue. However, after the evening's probing, the resistance above should not be underestimated, and there is a short-term need for a retest to build momentum. Combining the hourly level, the big pancake has undergone several retests to build a base over the past two days of the weekend, and the support at 117000 is now very solid. The market is synchronously lifting the low points and high points, continuously testing upwards in a wave-like structure. Our strategy remains unchanged, continuing to look long on the big pancake.
Big pancake: 117800~118200 long, looking up to 120000.
Little pancake: 2920~2950 long, looking up to 3050. #BTC再创新高 #ETH突破3000 $BTC $ETH