$ETH Evening Thoughts:
The second pancake is strong while the big pancake is weak. If the big pancake isn't solid, the second pancake can't hold up either. Aren't you just going to follow in the footsteps of the big brother? Big brother said he's tired and wants to take a break. Do you dare to charge up on your own, second pancake? 😃
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Speaking through the chart: The second pancake's exchange rate on the 4-hour level formed a high position doji, and the upward momentum is a bit lacking.
If the second pancake can break through 3935, you can chase the long position on the right, but the highest you can see is around 4000. If 4000 doesn't break through with volume, then you'll need to exit your long position. The second pancake can only reach for the stars and the sea if it breaks through 4000, leading the altcoins to fly.
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If the second pancake breaks below 3890, you should chase the short position on the right. If it breaks below 3850, it will go down to 3785-3617. If it drops this time, it won't be so easy to bounce back up. Keep a good stop loss and pay attention to the volume-price behavior. Remember, we are playing short-term; if you can take it, then eat it. If you can't, just watch and don't rush, be patient and wait.