The strategy for the midnight pancake shows that both sides have provided significant opportunities. The market first rebounded to around 119800, and I followed the strategy in real-time, suggesting to aim for a target of 1000 points near the current price of around 119700. Subsequently, the market quickly retraced to a low near 118300, confirming our judgment and allowing us to successfully capture over a thousand points in profits. Later, the market gradually became more active, and we maintained a wait-and-see approach, not rushing to enter. It seemed that we missed numerous opportunities, but as I often say, we don’t need to catch every wave of market movement; we only need to seize the best opportunities we are confident in. In this market, stable gains far outweigh overnight profits.
From the current market perspective, the market continues to operate in a seesaw manner. However, it is evident that the volatility is intensifying. In yesterday's midnight strategy, I mentioned that the major directional decision is expected to emerge tonight, and given the current restless market movements, there is no escape from it. The daily line has stopped its decline and turned upwards, presenting a small real K-line with long upper and lower shadows. There is still significant resistance both above and below, and a complete breakout has not yet formed. I expect tonight to be the real highlight, while the white market continues to maintain a seesaw state for final testing. Therefore, until a complete breakout is established, we will continue to operate within the previously established oscillation range.
Pancake: 119800~120200 target, with a lower target of 117800. #山寨季何时到来? #BTC再创新高 $BTC $ETH