Afternoon pancake market:

After the morning price dipped to around 115800, it quickly rebounded

to the 118000 level. Currently, the bearish momentum has been

significantly released after a pullback, and the technical

formation is stabilizing. There is a clear bullish support

around 116000, and the probability of a short-term bottoming

and stabilization is relatively high.

In terms of operations, it is recommended to arrange long positions

near 116500, with targets of 118500 and 119500 respectively.#BTC☀️ $BTC