Frequent pin bars below the big coin indicate that both bulls and bears are harvesting liquidity, with whales actively participating. Retail traders are looking to long and buy the dip, while currently, we observe cautiously. It's safer to wait for a break below and then re-enter on the right side!

The big coin has been in a downward consolidation trend for more than 4 hours, and the 4-hour downtrend channel is intact. The current market is tense; if it cannot stabilize above 113550, we cannot trust the current rebound. The bulls need a significant upward movement to break the bearish trend.

In the evening, when Old Bao speaks, pin bars are inevitable; that will be a good time to take action!

Writing homework while pulling 😂, I'm done, #杰克逊霍尔会议