The pancake is the ABC adjustment wave I talked about a couple of days ago. It is currently near support, 105000-104500. My personal view is that there is an opportunity to stabilize and go long. Panic sellers have already cut their losses. If it can hold here, it is still a long position for me. I absolutely will not short here because the logic for shorting has already been fully realized. With the weekend approaching, emotions are not particularly FUD. Those who have seen the drawings by Zizai will never blindly follow James to go long on 10.7, but will instead hold onto short positions until taking profits at 100,500. Strong technical analysis skills are definitely fundamental to surviving in the crypto space, and equally important is position management skills.