The analysis of the pancake 🫓 plate is here! #BTC
Currently, let's take a look at the pancake, which is moving within a range. We can clearly see 👀 that the support level below is at 94000-94500.
The resistance level above is at 9.9, and the second resistance level is at 99600. The 4-hour trend is still moving upwards 📈. If it successfully breaks through the resistance level and stabilizes, it will continue back to 100K.
If it cannot stabilize, we can short at 98400-98800, and if it breaks the level, just stop loss and reduce the position! $BTC