The recent trend of large pancake has maintained a high-level fluctuation, and the daily chart shows that it still has the potential to hit a new high.

After reaching a high point of 97500 last night, it retraced to 96800 and rebounded, currently reaching a maximum of 98354.

The small-level support is at 96800 and 96500, with 4-hour level support at 95700 and 94600.

The small resistance above is at 98200, with strong pressure at 98700 and 99600. Short-term operations can wait for a retracement to support levels.

Ethereum attempted to hit 3745 last night but failed, retracing to 3679 and rebounding, currently reaching a maximum of 3740.

Small-level support is at 3670, and short-term entry can be around this position, with a stop loss if it falls below 3650.

The second pancake's upward pattern remains good, mainly focusing on low long positions after a retracement, and it is expected to quickly reach 4000 after breaking through.