From the four-hour level, after a weak fall in the price ratio, a slow upward recovery has formed, currently under pressure in the middle band area. Although the momentum has turned slightly, there is no significant strength in the upward movement, only a certain effect of stopping the decline is presented, with a need for range-bound adjustment in the short term.



From the one-hour level, the running channel forms an upward-opening state, but the release of volume is hindered by a contraction pattern. The price has recovered but is under upward pressure, while the moving averages are undergoing a convoluted adjustment, and the short-term trend shows a clear contraction.

Morning operation suggestions
The big pie is around 114800🈳, looking down to around 111800.

Around 4340 for the second pancake 🈳, looking down to 4100
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