The flat situation of the large pancake. The moving averages are in a bullish arrangement, forming a long-term resonance, and the long-term engulfing pattern further increases the likelihood of upward movement. However, the short-term bullish momentum is shrinking, and the contraction of the Bollinger Bands indicates a potential breakout from a fluctuation. The larger market has entered a significant range of fluctuations. In terms of strategy, a pullback to the 117800-118300 line can be used to set up long positions, with a target looking at 121800-112500$BTC $ETH #加密总市值创历史新高 #BTC重返12万 .