Big Pancake and Second Pancake Evening Thought Analysis

Operation Suggestions

#BTC #ETH

Big Pancake long position in the 87500-88200 range, target near 90500

Second Pancake long position in the 2950-2970 range, target near 3100

Currently, the market is in a high-level consolidation on the 4-hour cycle, with K-lines alternating between bullish and bearish, and no clear one-sided trend has formed yet. The price is maintained above the middle track of the Bollinger Bands, and after the KDJ golden cross, it continues to rise, indicating that bullish strength is brewing.

From the 1-hour cycle observation, although the price once broke through the upper track of the Bollinger Bands, the upper shadow line is relatively long, indicating that there is still some selling pressure above. The Bollinger Bands have expanded, and bullish energy is gradually accumulating, but the upward space has not yet fully opened, and the overall market still shows characteristics of range-bound fluctuations. The operation can mainly focus on buying on pullbacks.