26 Midday Pancake Second Pancake

The current overall market trend still leans towards bullish, but this position is not suitable for blindly chasing bullish. The upper area has repeatedly faced pressure near the resistance zone, and there has been a stagnation in the short term, indicating that the market has started to oscillate after reaching the previous high zone. This belongs to a "deep squat repair" in the bullish sentiment and does not signify a reversal.

As long as subsequent pullbacks to the support zone show signs of stabilization, it will be our main rhythm to enter bullish positions. This position usually provides a spike or a small-level reversal signal, and after stabilization, there is a chance for another rise, with opportunities to challenge the previous high or even break through.

The suggested operation can be to short first and then go long, or to buy low.

Pancake around 87300-86300 bullish, looking up to 88300-89300. Break 90k.

Second Pancake: around 2940-2900 bullish, looking up to 2990-3040. Break 3100. $BTC $ETH