7.27 Jack Afternoon “Big Pancake” Analysis


In the early stage, the market surged to a high at 65,722, then met selling pressure and pulled back. The price retested and dropped to around 65,400, where it stabilized. In the short term, several moving averages gradually flattened, turned, and began moving upward. The price has regained the moving-average support, and the current action has played out a repair and rebound pattern.
From the current 4-hour perspective, the rebound trend is quite clear. However, according to Jack’s analysis, the current consolidation range is still positioned on the lower side. So in the future, it’s quite likely to spike above 66,500, then resistance will build overhead, forming a “slam-pause/pressure-drop” trend#比特 #大饼 #带单 $BTC
BTC-3.02%
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CommodityChain
· 16h ago
Let’s look at 66,500 first, then we’ll talk.
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StopLossMaster
· 18h ago
Moving averages turning upward is a good sign, but the oscillation range being biased to the downside suggests the bulls haven’t fully taken control yet. If, tonight, it can hold above 65,800, then there may be a chance to break through. Otherwise, it’s still likely to see a pullback.
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CrossChainArtist
· 18h ago
I feel like we can take a chance on this run.
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OnChainArtist
· 18h ago
Jack analyzed it very thoroughly, but can it really reach the 66,500 level? It feels like there are quite a lot of trapped orders above.
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RugDetective
· 19h ago
There are definitely signs of a rebound in the market this afternoon, but we still need to be careful about resistance overhead. If it really moves up to around 66,500, I’ll consider taking profit in batches. After all, BTC has been volatile recently, and the probability of a wick pullback isn’t low. Managing risk is the most important thing.
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