The intraday pancake trading has been quite volatile, first rising from around 118300 at midnight to the intraday high of 121000 in the morning. Subsequently, the trading weakened and fluctuated downwards, reaching the bottom of the range around 117200 in the evening, with a total fluctuation exceeding 6000 points. Currently, the price is oscillating around 117500. We have been publicly analyzing the market since midnight, with three precise trading strategies: the first trade captured a gain of 1000 points on the pancake and 62 points on the secondary; the second trade, signaled at the top of the range, after fluctuations, gained 2003 points on the pancake and 58 points on the secondary; later in the evening, at the price of 119500, we again gave a trading signal, easily securing 1700 points on the pancake and 88 points on the secondary before exiting. The total gains from these trades amounted to 4703 points on the pancake and 208 points on the secondary, with a clear and public rhythm throughout, solidly locking in profits.

From the current trading perspective, although the intraday pancake fluctuation has been quite intense, it has not yet broken out of the range we indicated. Currently, the daily chart shows an inverted hammer candlestick, the body has engulfed the long ranges of the previous two days, indicating strong selling pressure above, which is consistent with my earlier analysis. The four-hour level shows a transition from four consecutive bullish candles to four consecutive bearish candles, with the price returning to the starting point from midnight. The chart has drawn a small door while also marking the range we mentioned, further validating our previous assessments. Currently, the trading volume is increasing as the price declines, and the intentions of the main players are very clear, with oscillation used to clean up scattered positions. From the hourly perspective, the Bollinger Bands are opening downwards, and the trading is sticking to the lower band with five consecutive bearish candles continuing to decline. There is still a strong expectation of a pullback, but considering the poor trading sentiment during the two weekends, we are focusing on short-term trades, observing the breakout situation at the bottom of the 117000 range.

Pancake: 117900~118200, looking down at 116500.

Secondary: 3600~3620, looking down at 3500.$BTC $ETH #山寨季何时到来？ #特朗普施压鲍威尔