12.19 Big Pancake's Morning Thoughts

On the daily level, Big Pancake has formed two long upper shadow bearish candles, with the bulls continuing to face resistance and significant selling pressure. The price is closely adhering to the lower Bollinger Band, indicating a clear bearish trend.

On the 4-hour level, the price is under pressure at the upper edge of the upward channel, with exhausted momentum. The three Bollinger Bands are diverging downwards, and the market is completely dominated by bears.

Short-term technical corrections are part of a downward continuation, and any rebound presents a good shorting opportunity. Big Pancake suggests shorting around 85500-86200, with a target of 83000; if it breaks, look for 80000, and for the long term, target 74000. Auntie suggests shorting around 2850-2880, with a target of 2740; if it breaks, look for 2600, and for the long term, target 2400. #美国非农数据超预期 $BTC $ETH