The big pancake is currently running in a narrow range near 91114, with small upward and downward shadows, short-term tug-of-war between bulls and bears, and market sentiment is cautious, situated between the middle and upper bands of the Bollinger Bands. In the short term, it leans towards bullish but is under pressure at the upper band, likely leading to range-bound fluctuations!
The KDJ three-line is at a low position, indicating a short-term need for a pullback or consolidation; the MACD shows the DIF line below the DEA line, with the green bars indicating a weakening of short-term bullish momentum.
In summary, the short-term is balanced between bulls and bears, with a tendency for fluctuating consolidation. The price may operate between the middle band 91266 and the upper band 91792 of the Bollinger Bands. A successful breakout above the upper band will lead to further upward movement, while a drop below the middle band increases the risk of a pullback!
For the big pancake, the short-term suggestion is to rebound to around 91832--92653 and lightly short, targeting 90982--90020;
For Ethereum, the short-term suggestion is to rebound to around 3045--3080 and lightly short, targeting 2970--2930! #加密市场反弹


