8.28｜Afternoon Big Pancake Analysis
On the weekend, the market saw choppy price action. The low point dipped to 77352, and the rebound came on reduced volume. Long-entries sentiment is relatively weak. In a ranging market, it’s advisable to reduce trading activity and stay on the sidelines.
Reference plan:｜Entry: 77000-77600
｜Stop loss: 76500
｜First target: 80000
｜Second target: 81000 #BTC
On the weekend, the market saw choppy price action. The low point dipped to 77352, and the rebound came on reduced volume. Long-entries sentiment is relatively weak. In a ranging market, it’s advisable to reduce trading activity and stay on the sidelines.
Reference plan:｜Entry: 77000-77600
｜Stop loss: 76500
｜First target: 80000
｜Second target: 81000 #BTC
