In the evening, the big pancake experienced an unexpected dip, quickly rebounding after dropping to around 97200. Subsequently, the market trend stretched as expected, reaching a peak of 98300. This finally brought a bit of surprise to the otherwise dull market today. The market began to form a boundary on Tuesday this week, shifting from previous weakness to recovery and strength. Our approach for this week’s big orange also transitioned on this day from a contraction to a stretch, successfully achieving a flawless performance this week, with a total gain of 14856 points from the big pancake and 810 points from the aunt during the contraction period.

From the current market perspective, we can see that after several days of a trend from weak to strong, the weekend market is expected to operate with a corrective movement. From an hourly perspective, the fluctuation range of 97500~99000 is evident, with neither side managing to establish a strong upward slope. With this evening's dip, it can further release the upward momentum for better stretching in the future. Therefore, we maintain our approach for the midnight market; the big orange will continue to be handled with a low stretch.

Big pancake: 97400~97700 stretch, looking up to 99500.

Aunt: 3590~3610 stretch, looking up to 3720. #加密市场反弹 #比特币走势观察 #币安全球用户突破2.5亿 #BTC #ETH $BTC $ETH