#BTC☀️ Regarding the pancake, my thoughts still stand valid!!
Focus on 112500~113800. Still an effective headroom position.
If it goes down further
fake breakdown
Then we might see the range around 108000.
.
From the chart, this position is currently the previous low of the range. Because this position can be considered the last defense position, the risk-reward ratio for a rebound in this range is still worth considering.
It is also worth the risk.
If it continues to break down.
Then 114545
Could be the historical high.
