Pancake Late Night Analysis
I didn't expect such a sharp decline tonight, which has reversed yesterday's gains. First, the shorts were blasted, then the longs. The market makers are cunning!
The community originally entered shorts around 101500 and took profits in batches around 99600. I didn't expect this wave to plummet directly.
Next, it's about finding the right moment to buy the dip, but for now, it's better not to enter the market easily; shorts need to be handled with caution.
For now, we still need to see if this wave can stabilize around 9.85 before waiting for a signal to enter.