$BTC Brother Shanhe is here today to analyze the Big Cake trend for everyone!!! On the 4-hour timeframe, the market is overall in a high-level sideways range; the upward pace has clearly slowed down. Although it hasn’t formed a strong decisive breakdown yet, the bullish buildup structure remains sound and undamaged. Right now, price has surged to the point of touching the upper band and has printed a double-pin top (needle) topping pattern, so there is a short-term pullback and repair need. The bigger trend still stays in a bullish pattern. On the hourly timeframe, the retracement will test the key support of the previous upswing; as long as the lower track band support remains effective and bearish momentum cannot keep surging in volume, the market will still kick off a new round of rebound and an upward move. If you don’t know how to get started and feel lost with no clear direction, you can follow Shanhe. If you’re interested, feel free to call me!!

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