Pancake BTC

After BTC surged to 94185, it did not accelerate further and instead made a high position above 93000. At this point, two types of trends are most likely to occur. Either it will pull back to confirm support and then rise, or it will spike up and shake off those chasing the price. So now it's not about taking risks, but about discipline—focus on 92800-92500 below; as long as it does not break during the pullback, it's a good opportunity to gradually buy long. First, look at 93600-93900, then at the previous high pressure of 94185. If it consolidates above 94200 with increased volume, it will truly open up space, targeting 95000+. Conversely, if it weakens near the previous high, a short position can be taken to catch a pullback, but remember: short positions should only be taken during pullbacks.

Pancake ETH

ETH did not stabilize after reaching 3239 and has switched from accelerated rise to high-level pullback seeking support. Don't treat the pullback as a crash, and don't chase prices around 3180—what's most important now is to confirm whether the support is effective. The key level is 3185-3165. If it holds here, the pullback is likely to end, rebounding first to 3215-3225 before challenging 3235-3245. Once it falls below 3165 and cannot reclaim, don’t hold on stubbornly; the pullback target will likely go to 3135-3120 to find support. Gradually buy long during the pullback at 3165-3185, with a stop loss of 15-20 points to capture rebound gains; if it rises to around 3225 and clearly can't break through for a while, a short position can be taken for a quick entry and exit. #加密市场观察