12.16

The large pancake forcefully broke through the high point of 106665, instantly igniting the market's enthusiasm for going long, but then faced strong pressure, quickly retracing to 104100. This drastic fluctuation hides key signals. From the price action perspective, the sharp drop after the new high is a typical result of profit-taking and testing the resistance above. Currently trapped in the 104100 - 105400 range, it is actually constructing a new short-term supply and demand equilibrium zone. #Blockchain#

📈 The 1-hour level is particularly critical, with a two-stage rise forming a gap above the ema20 moving average. This gap symbolizes a strong surge in bullish momentum and a solidified dominant position in the short term. As long as the gap is not filled, it’s like the bullish fortress has not been breached, and market sentiment leans positive, giving rise to a low-dip strategy. #Crypto#

103500-104100 dip looking up at 105600

Auntie’s idea

3910-3930 dip looking up at 4010#ETH再度冲击4K #BTC再创新高