The large pancake has basically confirmed a downward trend, but it won't drop suddenly; it will fluctuate back and forth, driving people crazy. It remains to be seen whether it will pull back to 70,000 or 80,000, or even lower.

According to past experience, a pullback of about 30% is reasonable, and reaching 70,000 would be the limit.

However, the altcoins are indeed performing very well, quite strong. This is a sign that the altcoins are about to take off. To ensure safety, it's best to see a few more significant drops to see if the altcoins can stabilize. If they cannot hold and crash or self-destruct, then it still won't work.