4.13🫓


Looking at the 4-hour timeframe, the Big Pancake has repeatedly surged higher in the early stage
But due to the previous resistance level of 73800, it still hasn’t been able to break through for a long time
Then it was further compounded by the impact of news and headlines
One big bearish candle directly pulled back to 71200
It has again returned to range-trading around the 71000 area

However, the upward move from the earlier period has still not been fully digested
So the big-picture bearish view remains unchanged—just short-term consolidation with a slight rebound
But the overall downward trend remains unchanged

Right now, the main plan is still to follow this “consolidation” idea
Re-enter near the resistance area above 71800 after a rebound
The target is to see the bottom around 68000

For the friends who haven’t been paying attention, remember to hit the follow button
Follow Fu Yi, and keep analyzing trends to explore opportunities!
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