The current technical outlook for the large pancake is clearly bullish:

• The short-term 4-hour moving averages are in a bullish arrangement, MACD momentum is recovering, and after the Bollinger Bands tighten, they are rising, indicating enhanced breakout signs.

• The gap between the 50-day EMA and the 200-day EMA has widened, the upward trend is solidified, and the support level is more effective.

Strategy: Go long around 118200, target 121000, 123000, and remember to set a stop-loss to guard against volatility $BTC #山寨季來了？