The last time Aunt Big Pancake reversed to pick someone up! Continue to watch for rebounds in the morning!
Currently, Big Pancake is exploring the bottom and undergoing a rebound, after hitting a low of 95153 last night. The current price is around 95500. Could this bottom exploration be the last opportunity for people to board the train? We can see that the daily mid-line pressure is near 99000, and there is still ample space for the bulls above. Currently, long positions around 95500 at midnight have already entered and are still held, so be patient! #BTC☀ #ETH🔥🔥🔥🔥🔥🔥
After the bottom exploration, the structure has also provided a stop-loss signal. Although the speed of the upper closing is relatively fast, the space has retracted, but it has only returned to the previous starting point. Recently, this type of market fluctuation is not surprising; whatever goes up will come down, but after a stable pullback, another wave of rise will come. It’s like rowing against the current; if you don’t advance, you retreat. If it should have fallen but hasn’t, it’s a rise. The bears have already provided opportunities; the downturn can’t bear the drop, repeatedly rebounding and testing the support around 95000, then the opportunity for a breakthrough will gradually increase. Compared to the downward pressure, the chances of a rebound are greater.
Big Pancake is hovering around 95500-95000, with expectations looking at around 99000, while Ethereum is hovering around 3320-3300, with expectations looking at 3500
