A Wang An'an Morning Market Pancake Analysis:



Looking back at the early-morning pancake chart, the 740 key support level successfully held and rebounded, with the highest push reaching around 754. At present, it is slightly pulling back to about 747, and the overall rebound trend remains intact! The 740 level has been probed multiple times without breaking; the buy-side follow-through is strong, and a short-term strong support has already formed.

From a technical standpoint, the hourly moving averages are arranged in a bullish order; the price is holding above MA30. It has surged with increased volume and saw pullbacks with reduced volume—this is a healthy correction rhythm. RSI has returned to a neutral-to-slightly-strong range. After MACD formed a bullish crossover below the waterline, the red histogram bars continued to expand, and the rebound momentum is still there.

Trading suggestions:
If it stabilizes on the pullback at 74400-74600, you can lightly enter in batches, targeting 75200-75800. Set the stop-loss at 74000; if it breaks below, exit and stand by! The current bearish structure has been broken—trading in line with the trend is more stable! $BTC
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