The large pancake rose to around 121,000 in the morning before facing pressure and falling back. Subsequently, it stabilized around the 119,000 level. Currently, the market is consolidated near 120,400. We provided a market order at midnight, taking 1,000 points from the large pancake and 62 points from the auntie, and after taking profits, we indicated to continue trading high in the morning. The order is still in hand; it's now just a matter of time to exchange for price range, requiring only patience.

From the current market perspective, the situation remains in a tug-of-war, undergoing final testing, which I anticipated in the morning strategy. As it stands, the upper resistance is still quite strong, and the three upward attempts have not effectively broken through. Currently, the three consecutive daily gains appear stronger but are essentially small solid fragments, and there is still a long way to go before completely regaining ground and strengthening. Looking at the four-hour level, the Bollinger Bands have narrowed and are now diverging parallelly. The intraday rebound highs and retracement lows have slightly increased compared to yesterday, but the range has been reducing, indicating that in the short term, the bulls hold a slight advantage, but their momentum is running out and is difficult to sustain. Therefore, in the afternoon, we will maintain our approach and continue to treat it as high trading.

Large Pancake: 120,500~121,000 range, looking down at 118,000. #山寨季何时到来？ #Strategy增持比特币 $BTC $ETH