Yesterday afternoon's large pancake price is currently favorable for buying, and the trend indicated in the evening looks bullish, which was confirmed in the early morning market; the large pancake first made a slight pullback last night, dipping to a low of 104927, where the price stabilized again. Small bullish orders combined with a slight pullback and certain upward spikes have resulted in a rise to a peak of 106482, providing us with over a thousand points of room to maneuver. The market is indeed easy to grasp, and I believe as long as we participate around Old Li's ideas without getting distracted, trading will be a piece of cake.

The large pancake has shown three consecutive daily bullish candles, forming a staircase structure, with the upward trend becoming clearer. After previously dipping to a low of 100305, the price has effectively recovered, and the bears are gradually being buried, returning to the bulls' positive momentum; Ethereum has also formed a similar pattern with consecutive bullish candles, although the upward space is limited. Our second pancake is doing its best to keep pace with the large pancake, and in the short term, there is still upward momentum. The bulls are performing well, and the bullish outlook remains unchanged, so we continue to buy on pullbacks. With a large volatility base, we still need to be cautious of pullbacks after spikes. Currently, the large pancake is at the upper Bollinger Band on the 4-hour chart, and the first resistance level to break is 107000. If broken, it will continue to extend; otherwise, we can consider a short position first. We should respond flexibly according to the initial signals from the market, and all operations should be based on real-time market conditions.

This morning, the large pancake can be bought in the range of 105300-104800, targeting around 107000; Ethereum can be bought in the range of 2500-2470, targeting around 2600. #比特币 $BTC