12-5 Morning Pancake Strategy Analysis

From the 4-hour cycle perspective, the market continues to trend downwards, having formed a series of bearish candles, with significant resistance clearly evident above, and the bearish momentum still dominating the short-term trend.

On the technical side, the MACD green bars continue to expand, and the dual lines maintain a downward trajectory;

The KDJ is also diverging downwards, with oversold recovery signals appearing at the end, further confirming the short-term bearish pattern.

The overall structure is: the downward trend remains unchanged, and any rebound provides opportunities for bearish positions. It is recommended to maintain a high short strategy, looking for entry points near the upper resistance zone, with strict stop-loss measures. Considering the current technical resonance trend guidance, a high short strategy remains the optimal approach.

Pancake high short layout in the 92500-93000 range

Target: 91500-91800

Defense should be flexibly set based on individual positions.

Secondary pancake short layout in the 3180-3200 range, target 3120-3060$BTC $ETH $BNB