Big Pancake Short 🧵 Guide

Current Situation

Key Range: 117,000-120,000 (Bull-Bear Battleground)

Support: 117,000 (Breaking below may drop to 115,500 → 112,000)

Resistance: 120,000 (Breaking above may surge to 122,000 → 124,000)

Thoughts

1. Bull Signal:

Stabilize above 118,200 + RSI breaks 50

Volume breakout at 119,625 (Target 120,000 → 122,000)

Defense: below 117,400

2. Bear Signal:

Break below 117,000 + MACD death cross

Rebound to 119,500-120,000 under pressure (Target 115,500 → 113,800)

Defense: above 118,500

Notes:

· The Federal Reserve may cut interest rates in September, but inflation data (such as PPI) may cause volatility

· Avoid high leverage (within 5 times), strict stop losses

· Pay attention to August 20 (CME Futures Expiration) and August 27 (Federal Reserve Speech)

Summary:

Wait for direction! Break above 120,000 to go long, break below 117,000 to go short, stay on the sidelines in between. $BTC #比特币财库公司增持策略