From a technical structure analysis, the trend of the pancake (market) is examined in detail. On the hourly level, the MACD's bullish and bearish momentum around the zero line continuously exhibits entanglement, clearly indicating that the short-term direction remains uncertain; meanwhile, the RSI value has started to gradually rebound from the low end, suggesting that market sentiment has begun to recover.



Looking at the four-hour level, the MACD still maintains a golden cross pattern. Although there are signs of a short-term correction, it has not fundamentally damaged the upward momentum, and the medium-term trend structure still leans towards consolidation.

Pancake: around 91,700-91,200, with a dip to 90,700, and an upward target of 92,700-94,300.
BTC-0.06%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)