The large pancake has been at a peak for four hours yesterday, with back-and-forth pin bars tempting bulls to work, and the peak retracement gives us room to enter. Currently, Bitcoin is experiencing a volume drop on the four-hour chart, so be cautious of risks.

Next, keep an eye on the 103500 position.

Altcoins have recently slowed down, with the large pancake draining liquidity.

Ethereum is very weak. However, we cannot rule out the possibility of a rebound; just follow the market in real-time.