From the analysis of the recent K-line combination pattern of the pancake, the number of bullish candles is significantly high and the bodies are relatively full. This clearly shows that the bullish forces are dominant in the short-term trend, with market buying sentiment being quite positive and a strong willingness for capital to enter the market. This situation continues to provide strong support for prices, driving a sustained rebound.

It is recommended to place long positions around 123000, with the upper target looking at 126000$BTC