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Double Pancake midday thoughts
After a round of deep decline, the price of Double Pancake has bottomed out near 1757, with bearish momentum basically exhausted, showing signs of stabilization. Short-term oversold indicators are beginning to recover. Currently, it is in the rebound phase after a decline, with short-term small moving averages starting to flatten.
The midday strategy is mainly to go long at low points, relying on support at 1765-1770 to enter long positions, aiming for around 1800. Remember to only buy on dips, not chase the rally. This rebound's gains should be secured steadily, avoiding being disrupted by the residual shock of the bears. #加密市场延续反弹 $ETH $BTC