(October 23)Pancake Evening Analysis:

Good evening, Morning Army, I am your dear North Star, Li Chen. First, let's talk about the current trend of Pancake. The first three days of this week compared to last week's high have shown a downward trend with bearish fluctuations, unable to support from the bulls. Currently, it has dropped from Monday's surge to 69,500 down to 66,150, with strong downward pressure from the bears forming a closing-in-on-the-dogs momentum.

Looking at the 4-hour chart, the downward trend is collapsing as if a mountain has fallen, and there's no way to hold it back. Currently, Pancake has repeatedly retreated to around 66,000. Will 66,000 become the counterattack line for the bulls?

If the resistance is successful, it will inevitably touch 70,000, or will the bears continue to charge through to the next resistance level of 65,000? If it continues to break down to around 65,000, many people will be forced to exit, and panic will spread rapidly to around 62,000-63,000.

In this wonderful point range, Li Chen will definitely make a long-short confrontation. In previous point analyses, Li Chen has also predicted the expectations of the market makers. Those who often follow Li Chen know that I don't like to keep people guessing.

Let's see how many family members want to know about Pancake's layout. If there are many people, I will directly reveal the precise points. For those who haven't followed yet, please click to follow. I will make the layout explanation in the next post #BTC走势预测 #BTC☀ #大盘走势