$ETH Evening Thoughts:
The big pancake has started to suck the blood of the second pancake again. The already not wealthy second pancake is now further burdened by this 😃. I hope the exchange rate of the second pancake can rebound after hitting the extreme support of 0.03659!
No more deep pullbacks, give the holders of altcoins a chance to breathe! Otherwise, it’s really tough for those holding onto a lot of altcoin spot.
🍰
Let's talk with the chart: the hour-level of the second pancake is moving towards a triangular convergence, and it's about to break out in a direction. Do you guess it's up, or is it up? Today is still Friday, and tonight will determine the outcome.
Follow the positions given in the chart, if not provided, you should be able to understand this chart! Make sure to set stop-loss in the chart, and pay attention to the changes in trading volume. Just to mention, if it breaks below 3550 with volume, and you can't recover on the bounce, then go short. Be patient and wait for the opportunity to get in. Meeting adjourned.