Monday Evening Jingyi Analysis of Caoze Silu

The trend of the big pancake is still strong, with no obvious signs of a pullback and upward momentum continuing to be maintained. Key support levels are solid.

From the four-hour chart analysis, the K-line maintains a bottom reversal pattern, with two consecutive large bullish candles forming strong support below, creating a typical double bottom structure. These two landmark bullish candles have strongly broken through from below the moving average, showing a soaring momentum. Currently, the coin price is firmly above the moving average system, and this strong consolidation above the moving average is a typical characteristic of the pancake accumulating strength. Any pullback is an opportunity to enter, definitely not a trend reversal. It is recommended to buy the pancake on dips!

Trading Suggestions:

Buy the pancake in the 94300-93850 range on pullbacks, targeting the 96500-97000 area!