11.11 Early Morning Pancake Market Analysis:
The pullback is still building strength for an upward trend, and the low-entry window has been opened.
Support level: 104800-105500
The slight pullback in the current market is a healthy correction. Although the four-hour level has closed negatively and the rebound strength is temporarily weak, the support at the middle track of the Bollinger Bands (around 105847) remains strong. Overall, the upward trend has not been reversed. This pullback seems more like a pause for the bulls to gather strength. In the short term, it can be dealt with using a fluctuation strategy without excessive worry—pullbacks are for building strength, and after the fluctuations, we still look upward.
Operation advice:
A pullback to the 104800-105500 range can be used to gradually build long positions, with the first target looking towards 106800; if this level is broken, we can look upward to 108000 and higher ranges. #美国政府停摆 #Strategy增持比特币 #美国ADP数据超预期 #RWA热潮 #山寨币市场回暖
