Good evening everyone, the market has already passed halfway today. The big pancake fell in three consecutive bearish candles to around 105500 during the early morning, and in the afternoon, the price began to rise sharply with a strong bullish candle, closing with a full body, currently rising to a high of around 107600; our big pancake long position also actively participated in the layout, entering at 105504 and exiting when it rises to 107011, gaining a space of 1507 points; observing Brother Nan's flexible strategy, the current market is still good for trading.
From the daily chart of the big pancake, after the price fell three consecutive bearish candles down to the support at 100305, it started to stabilize and stretch upwards, the rhythm shows a bottom reversal pattern, today it has gradually turned from small bullish to medium bullish to the current strong bullish, showing signs of stabilization, with a strong bullish candle pulling upwards, the consecutive bullish state is solidly upward, the future market outlook is clear; from the 4-hour chart of the big pancake, after the price fell down to 100305 with consecutive bearish candles, it began to rebound with consecutive bullish candles, and then the price started to slowly rise with a corrective pattern, in the afternoon the price began to rise sharply with a strong bullish trend, with the highest rise recently reaching around 107770; from the 1-hour chart of the big pancake, after the price slowly rose with fluctuations, it began to rise strongly in a one-sided manner, above this point is our opportunity to enter, the future market outlook is clear and bullish, in operation, as long as the price gives a certain pullback, it is our opportunity to enter.
In the evening, the big pancake can be bought at 107500-107000, with a target near 109000; Ethereum can be bought at 2530-2500, with a target near 2630.