8.6 Qin Feng Big Pancake Early Morning Thoughts

The four-hour chart of the big pancake shows a positive bullish signal. After touching the stage low, the price stabilized and rebounded at a key support level, forming a small double bottom pattern. In the MACD indicator, the DIF line crosses above the DEA line, forming a golden cross, with the histogram turning from negative to positive and continuing to expand, indicating increased bullish strength. At the same time, the short-term moving average EMA7 is turning upwards, with the potential to cross above EMA30, forming a golden cross. Currently, one can lightly go long above the support level, targeting the upper resistance level, with strict stop-loss measures.

The big pancake can be bullish around 112500-113000, targeting near 114000 #btc