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Monday morning analysis
Yesterday morning, the persimmon market experienced a pullback, with the pancake dropping to a low of 116370 before rebounding. It is currently oscillating around 117200; the second pancake dipped to the support level of 3680 before rising, showing signs of stabilization in the short term.
From a technical perspective, Bitcoin is consolidating in a key range, with the 4-hour candlestick showing signs of bottoming. The lower Bollinger Band is providing effective support, and the overall bias in the morning leans towards bullish.
Suggestion
Bitcoin: Can be oscillated around 116800-116000, short-term target looking towards around 119000-118500.
Two pancakes: Hovering around 3700-3720, short-term target around 3800-3840.
#ETH突破3600#