Pancake Support Level Analysis

• 106,000 USDT: Current price short-term support, if broken, may trigger further pullback.

• 105,424 USDT: Lowest price in 24 hours, a critical short-term support level.

• 104,339 USDT: Near the position of MA(25) on the 1-hour chart, also a key short-term support.

• 102,592 USDT: Support at the low point on the 15-minute chart, if it drops to this level, market sentiment will show a clear pullback.

2. Key Reference Indicators

• MA(7): Provides short-term dynamic support, pay attention to whether MA(7) crosses below MA(25), if it occurs, the short-term trend may weaken.

• MACD: If the death cross continues, support levels may be gradually tested, closely monitor the critical positions of 105,424 and 104,339 below.

Conclusion:

• Short-term support levels: 106,000 USDT and 105,424 USDT.

• Medium-term support level: 104,339 USDT.

• Key breakdown risk: Falling below 102,592 USDT may lead to a larger pullback.

It is recommended to focus on the effectiveness of the support at 105,424 and 104,339. If the price pulls back to these levels, consider observing rebound signals or further adjusting positions.$BTC #BTC再创新高