The current market share of the pancake has just reached the support level, and combined with ETH encountering resistance above and then adjusting downwards, this wave of adjustment is very normal and healthy.

I tend to think that after this adjustment, there will be an acceleration in the market, and it will be adjusted quickly, possibly as soon as tonight when the US stock market opens, with significant inflows into ETFs driving the rise of Ethereum and altcoins.

In terms of operations, for adjustments like this, my approach is to let it fluctuate; I’m even too lazy to make any swing trades. Once the adjustment ends, the next wave of altcoins that will take off will soar directly, and it’s easy to miss out if you keep moving around.