🐍 Midday Pancake Thought Analysis

Recently, Bitcoin has entered a gradual decline channel. Technically, moving averages are in a bearish arrangement, and after the MACD death cross, the red bars continue to extend, indicating an increase in bearish strength. In terms of the market, capital outflow is evident, and investor risk aversion is rising. The uncertainty of regulatory policies has also intensified market concerns, making a short-term downtrend difficult to change.

Operational Suggestion: Short at 117500～117200, target 115500