The large pancake is showing a weak oscillating trend during the day. After the price dipped below 93,000 at night, it rebounded back above 95,000. From the four-hour level, the trend is still in a downward state, with prices continuously moving down along the middle track of the Bollinger Bands. On the one-hour level, it is under short-term pressure around the middle track of the Bollinger Bands. Although there was a small breakthrough in the morning, it failed to hold the 95,000 position, and the RSI indicator's moving average has turned down again. Overall, I expect the daily trend to continue to decline.
Reference Point: You can short at 94,300, targeting 90,300, with a profit space of 1,300 points.
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