Muhammad Tariq Trading

The evening pancake market is quite exciting, with a rapid rebound after a quick drop. After reaching the 81,200 line with a long span of over 5,000 points, it began to fluctuate and fall back. This back-and-forth volatility is nearly 10,000 points, seemingly providing good opportunities, but in reality, it is a double kill for the market. In the afternoon, after we took profits from a position, we intended to re-enter at the same level, but unfortunately encountered such absurd market conditions. It's somewhat regrettable that the entire position was given back. When faced with such erratic market movements, there's really not much we can do; all we can do is adjust our mindset to cope with future market changes.

From the current market perspective, the evening pancake has risen and then fallen in a fluctuating manner, with the long span basically being fully retraced, and the market pressure is still ongoing. The white market has already opened up the lower trading range, and according to this trend, it is expected to extend further this evening. From the daily structure, the overall market is still suppressed by the moving averages. The recent peak was quickly pushed back, forming a doji star pattern, with strong resistance still above. Combining this with the four-hour level, we can see that the current market remains weak, and the momentum has been further depleted after this battle, unable to continue. Therefore, our strategy for the midnight market remains unchanged, and we will continue to treat it with a high position.

Pancake: 78,300～78,800, looking down at 76,000.
Aunt: 1,560～1,590, looking down at 1,450. #美国加征关税 #加密市场回调 #巨鲸动向 #币安投票上币 $BTC $ETH