Second Pancake Afternoon Analysis



Prices surged to 2288 and then stalled at high levels, with a long black candlestick indicating a pullback and exhausted bullish momentum.
Supported by the upper Bollinger band, the KDJ indicator is overbought and turning down, while the moving average divergence is excessive, indicating a strong need for technical correction.

Geopolitical risk aversion has cooled, the US dollar has strengthened, and rate-cut expectations have been delayed, putting pressure on risk assets. This recent rally has been significant, and there is a strong tendency for profit-taking.

Trading: short positions at 2280–2310
Target: 2200–2100 1928374656574839201$BTC $ETH
BTC2,22%
ETH7,19%
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