Pancake Strategy | January 17
The hourly level is still oscillating in the range of 95786-94497, with limited operational space. It is recommended to buy low and sell high around this range; exit if it breaks out, or remain on the sidelines.
There is no need to overly focus on short-term price fluctuations; the structure is key. The 4-hour level oscillation range of 97142-94473 has not been broken, and the upward trend remains. If the price retraces to the lower edge of the range, one can still look for support to go long. Short selling should only be for the short term and not for the overall pattern.
Note the similarity in weekly structure: the current trend has similarities with the "ascending bear flag" pattern at the end of 2021. While it may not necessarily repeat, it reminds us to remain vigilant during oscillations, especially if there are signals of a breakdown in the weekly channel.
Summary: Short-term range operations, follow the breakout. The medium-term upward structure is not broken, but attention should be paid to potential risks in the weekly chart. Maintain patience and reduce frequent operations. #美国核心CPI低于预期 #Strategy增持比特币 #币安上线币安人生