Morning Thoughts



On the four-hour level, the price has gone through a repair process after a decline, but the upward momentum is clearly insufficient, and the trading volume is unable to support the bulls in reclaiming lost ground, with notable pressure characteristics.

On the hourly level, the upward pressure is fixed at the middle track of the Bollinger Bands, with clear demand for a downward fluctuation. The pressure at the 114,000 level is significant, making it difficult to rise.

Operational Recommendations
The pancake is in the range of 1140-1145, targeting around 1125.
The range for the second pancake is between 3600-3630, with a target near 3500 #区块链# .
BTC-0.56%
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