#BTC #ETH Fishermen do not frequently change positions just because the water surface is calm. Mature investors understand that 'waiting for a hare by the stump' is not passive, but rather allowing opportunities to ferment over time. An old Chinese saying goes: 'If you don't open for three years, when you do open, you can eat for three years.' The key is to ensure that you are still present when the 'opening' occurs. The afternoon big pancake trading trend continues to rise, with the price ratio climbing to the key resistance level of 107800, where it paused temporarily. It subsequently gave way to a pullback, currently oscillating near 107500. The index reached a high of 2460 in the evening before falling back, with the lowest point touching 2430.
The current trading surface shows that the market is oscillating in an important selling pressure zone above. The price ratio retreated after hitting the key resistance level of 107800, and the momentum is diminishing. In the hourly K-line chart, the MACD indicator's energy bars show a top divergence, suggesting weakness in the upward movement. Clearly, the upper space is limited, and high-level trading is becoming increasingly intense. Based on this, it is judged that a top has formed, and it is recommended to take advantage of the pullback trading opportunities, with key resistance areas for positioning.
Suggestions
Big pancake trading in the 108000—108500 range, with the target first looking at 106000.
Index trading near 2470, with the target looking towards 2360.