$BTC The secondary pancake had a slight pullback after reaching a high yesterday and is rebounding again today, testing the upper Bollinger Band on the four-hour chart. The resistance here is quite strong, so when the position is reached, it can go south. Near 3800, it can go directly south. Watch for a test of the middle Bollinger Band on the four-hour chart; if it breaks through, we can expect to see the lower band nearby, which is similar to last week's trend of the primary pancake. Last week, the primary pancake also pulled back to the corner of the lower Bollinger Band on the four-hour chart. However, last week the secondary pancake diverged from the primary pancake's trend, but this week they are currently aligned. Therefore, if the secondary pancake goes down, the primary pancake will likely decline as well. If the primary pancake happens to be under pressure at the upper Bollinger Band on the four-hour chart, it is very likely to break through the daily bottom, and after breaking through, it will stabilize. #BTC

The secondary pancake goes south near 3800.

The primary pancake goes south near 119500.