$ETH Evening Thoughts:
The strong pancake is strong, and the weak pancake is weak; the strong always remain strong, and the weak always remain weak. The exchange rate of the weak pancake has fallen below 0.038, and the closing price on the 4-hour level has completely closed below 0.038. The weakness of the weak pancake is entirely due to the exchange rate; if it can't rebound above 0.038, it will have to drop again. How can the weak pancake strengthen!
👓
Let the chart speak: go with whichever side gives first, don't rush, there will always be opportunities to get on board. The weak pancake just needs to not break the low of 3822 from early this morning; if it breaks below 3822, watch for 3770-3700.
The weak pancake can only look towards 3943-3989 if it breaks through 3911; otherwise, it will keep consolidating until a direction emerges, so manage your stop-loss and pay attention to volume-price behavior.
