4-Hour Market Analysis of Large Pancake
- Unable to continue the upward trend, pressured at the middle Bollinger Band, forming a 5-day consecutive decline.
- Price has broken below the lower band and is developing downwards, with a downward channel now open.
- Short positions are beginning to increase, with significant capital flight, and market panic sentiment is strong, expanding the downward space below.
Operational Strategy
- Primarily bearish outlook.
- Short positions to be taken on rebounds to the 115800-116200 range, targeting around 112000 below.
