#山寨季来了？ Mengzhou Afternoon Market

The market is always full of opportunities; what it lacks is prepared individuals. Rather than getting flustered in volatility, it is better to refine your rhythm during calm times. Remember, you are not focused on the candlestick charts, but on your own greed and fear; what you are trading is not coins, but the cultivation of your understanding and mindset.

The early morning fluctuations of Bitcoin are quite recognizable. It first dipped down to a low of 116,156 before stabilizing, and then quickly rebounded, reaching a peak of 118,563. Ethereum, on the other hand, moved in the opposite direction, hitting a high of 3,798 in the morning before facing resistance and falling back, eventually dropping to 3,648 at noon before stopping.

Looking at the current market, on the four-hour level, both the MACD's DIF and DEA lines are above the zero axis, with the DIF line firmly standing above the DEA line. The bullish momentum bars continue to expand, indicating a clear short-term bullish trend. However, a reminder is necessary: the RSI indicator has already touched 75, entering the overbought zone, which is usually a signal for a potential pullback. Additionally, the KDJ forming a death cross in the overbought zone further suggests that Bitcoin may have a demand for adjustment in the short term. If the support level cannot hold, the possibility of opening downwards cannot be ruled out, so attention should be paid to bearish sentiment. In the afternoon, the strategy still suggests focusing on buying on dips, which is more prudent.

The pancake revolves around the multi-target of 185000 near 117200-116900.

The concubine focuses on multiple targets around 3580-3650, aiming for 3720.