After the price surged to 2288, it encountered selling pressure at high levels with sluggish momentum. Long shadows retreated, and bullish momentum became exhausted. Facing pressure from the Bollinger Band upper rail, KDJ overbought signals reversed, moving average divergence expanded excessively, and technical correction demand is strong.
Geopolitical safe-haven sentiment cooling, US dollar strengthening, and delayed rate-cut expectations are weighing on risk assets. This round of gains has been substantial, and profit-taking interest is strong.
Operation: 2280–2310 Short Target: 2200–2100$BTC $ETH
2 Pancake Afternoon Analysis
After the price surged to 2288, it encountered selling pressure at high levels with sluggish momentum. Long shadows retreated, and bullish momentum became exhausted.
Facing pressure from the Bollinger Band upper rail, KDJ overbought signals reversed, moving average divergence expanded excessively, and technical correction demand is strong.
Geopolitical safe-haven sentiment cooling, US dollar strengthening, and delayed rate-cut expectations are weighing on risk assets. This round of gains has been substantial, and profit-taking interest is strong.
Operation: 2280–2310 Short
Target: 2200–2100$BTC $ETH