Ethereum and Pancake are also very weak, and the rebound strength is not very good. They have been oscillating repeatedly in the box.

If it is me, I will choose to wait and see in the near future. The purple area can be paid attention to as the lower support of the box. If it is not broken after retesting, then you can open a long position to bet on the rebound.

On the contrary, if it is broken, when rebounding, it does not recover the box extension to form a false breakthrough, but is blocked by support and turns into pressure, then you can open a short position. This is my personal opinion. Please refer to #ETH