The midnight big pancake has been calm, rebounding after a pullback and stabilizing, with a minimum running around 114600 before bouncing back. The price ratio has been rising, currently reaching a high of 115300. Although the overall fluctuation is only about 700 points, grasping the rhythm still yields a decent profit. We suggested looking upward at 114500 at midnight, perfectly predicting the market without error. Currently, the profit from our position is gradually expanding, and we remain patient and continue to look upward.

From the current perspective, the big pancake's trend has not changed despite the midnight pullback; overall, it remains in a fluctuating pattern with the upward momentum being gradually released. The daily line is about to close positively, and the seven-day moving average still exerts pressure, but as time goes by, standing firm is just a matter of time. With the price ratio recovering upwards in the past two days, the trading volume has also provided support, forming a scene of price and volume taking off, with strong market sentiment. From the four-hour level, the one-sided upward channel of the big pancake remains solid, and with the emergence of several small negative lines, market sentiment has been effectively released. The subsequent upward trend will only be more coherent, so we maintain our stance of looking upward from the early market.

Big pancake: around 114800, looking upward at 116500. #加密市场反弹 #币安Alpha上新 $BTC $ETH