The focus of the pancake market today is on the support strength in the range of 96400 to 95400. This area serves as a key defense line recently, and if it holds, market confidence is expected to be maintained.
Once the support level is breached, the trend will trigger a new round of decline, aiming directly at last week's low of 91000. For bulls, this support level is crucial and worth paying close attention to.
In terms of Ethereum, short-term attention needs to be paid to the initial support at 3650 and the stronger support at 3600, while 3550 constitutes the last defense line in extreme cases. Alternatively, Ethereum can directly sync with Bitcoin prices.
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