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.
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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.