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A Wang An’an 5.5 Big Pancake Morning Chart Analysis:
Looking at the 1-hour chart of Big Pancake, it surged to around the 80,770 area in the early morning, then faced pressure and pulled back. The current price is 79,844, located near the Bollinger Bands’ midline, and strong resistance is formed near the upper band at around 80,700. Bullish momentum is clearly weakening; the ATR indicator turns from a high level, short-term volatility is starting to converge, and upward momentum is insufficient. After the price surged, it failed to hold the high level, and selling pressure is heavier above. There may be a short-term pullback. At present, bullish volume is insufficient, and high-level consolidation is relatively weak—overall bearish!
Trading suggestions:
For Big Pancake, focus on trading rebounds as the main approach. Enter consolidation/range-trade in the 80,000-80,500 area, with targets at 76,800-75,800. Strictly control your position and set a good stop-loss! $BTC #WCTC交易王PK #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍 #美联储利率不变但内部分歧加剧 #DeFi4月安全事件损失超6亿美元