The pancake has seen a slight retreat since last night, with the low point touching the 86840 line, and then bouncing back to consolidate above 88300. As the weekend approaches, market sentiment tends to be cautious, and the fluctuation range is narrowing. Looking at the weekly chart, the pancake still maintains a narrow range of fluctuations at a high level, with no clear breakthrough signal yet. Overall, the pancake continues to reach new highs amid fluctuations, showing a strong oscillating trend, and the downward momentum at the daily level has weakened. Although there are signs of certain resistance near the middle track, the upward oscillation rhythm has not been broken.
The trend of Ethereum shows a certain correlation with the pancake, primarily characterized by a "consolidating and correcting" slow rise. It is important to note that in the short term, Ethereum has not formed a strong unilateral trend, but rather maintains a back-and-forth tug-of-war pattern.
Currently, the pressure for the pancake is at the 90,000 line, with support at the 85000 line; Ethereum has strong pressure at the 3200 line, with short-term support at the 2800 line.
The trend of Ethereum shows a certain correlation with the pancake, primarily characterized by a "consolidating and correcting" slow rise. It is important to note that in the short term, Ethereum has not formed a strong unilateral trend, but rather maintains a back-and-forth tug-of-war pattern.
Currently, the pressure for the pancake is at the 90,000 line, with support at the 85000 line; Ethereum has strong pressure at the 3200 line, with short-term support at the 2800 line.