The afternoon pancake strategy remains unchanged, US stock futures remain flat, and being able to maintain this before the evening US stock market opens is enough for this round of correction. Although things are moving slowly now, good things are worth the wait.

Yesterday, the US stock market strengthened again and set a new high, driving the price of Bitcoin to rise. The current price has reached above 10w. Although the daily level has risen, it has not broken the real closing line near 102000. At present, the overall trend is shrinking and rising. The overall trading volume on Wednesday is not as good as that on Tuesday and Monday. In the 4-hour view, there is resistance at the 101500-102000 line, and it is difficult to break directly. The 4-hour closing price is a double cross star. The bullish momentum has weakened during the day. You can short during the day, 101000-101500 short, the target is 97500, and the target is 95700. The 4-hour strong resistance range of Ethereum is 3970-4010, which is relatively strong at present. If it rises but does not break, you can open a short position near 3980-4000, and the target is 3770 and the target is 3590. The current market is not suitable for heavy positions, but for low positions, to bet on a relatively larger space!