7.16 Evening Chenye Big Pancake Analysis



After a surge rally, the chart indicators have shown a “top divergence” signal indicating weakening upward momentum, and the current market lacks sustained relay from incremental off-exchange capital. As trading activity increases in the evening, the struggle between bulls and bears will grow even fiercer, and the price is likely to fall into repeated back-and-forth within a range. Everyone must stay on high alert, guard against the trap of “fake breakouts,” and avoid being misled by short-term volatility into blindly chasing gains or selling in panic!

Evening trading reference:
It is recommended to wait patiently for the price to pull back to the 63600—63100 range before considering going long on dips. The upside targets are 64600—65100.

The market can change in an instant; investing requires strict risk control. The above is for communication and reference only and does not constitute any investment advice. #USDT充值理财双重奏
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