This month, the price of pancake has been rising all the way, from 52,000 to 64,000, which coincides with what Lao Chen mentioned at the beginning of this month that pancake bottomed out and went up. Now the key is how it will go at the end of the month, please listen to Lao Chen's opinion.
Affected by various news this month, there is now a space of 12,000 points to go up. The previous high test did not have an effective breakthrough. From the monthly K, it still failed to give a sign of continued upward movement. It is highly likely that pancake will have a technical retracement. Here Lao Chen still recommends that short orders be used as a main idea for our operation this month.
Today, pancakes have been supported at all levels and have not been able to continue to go down. Lao Chen's idea is to take long positions near 63,000-62,700 for a short run at a low level, and short positions near 64,000-64,500 for an upward movement