Pancake and Second Cake Morning Thought Analysis

Operation Suggestion #BTC #ETH

Pancake: Around 93000-92500, target around 94500

Second Cake: Around 3200-3150, target around 3300

Reviewing the early morning situation, the pancake continued its oscillating upward pattern, quickly rebounding after hitting the low point of 92315, reaching a high of 94185, with short-term fluctuations exceeding 1800 points; the second cake continued its strong performance from the evening, oscillating upward from around 3050, currently reaching a high of 3239.

From the daily level analysis, the structure has shown two consecutive bullish candles and successfully broke through the middle track of the Bollinger Bands, currently stabilizing above the Bollinger Bands position. The three lines of the RSI indicator show a synchronized upward divergence, clearly confirming the continuous strengthening of short-term upward momentum. Meanwhile, the MACD indicator has also formed a golden cross and is extending upward in sync, indicating that the upward momentum continues to strengthen in the short term, and the overall structure leans toward an upward pattern. Looking at the four-hour level, the structure also shows two consecutive bullish candles, and the Bollinger Bands are expanding, indicating that the upward space is further opening. Although the structure is currently in a high position oscillation, it can be seen as a consolidation before a new round of rises, rather than a weakening of upward momentum. Therefore, in the morning, we will continue to embrace the upward trend.