#ETH The second pancake reached a maximum of 2600 and started to pull back, currently the lowest pullback is at 2430. The high point has pulled back by 170 points. Currently, the larger trend is still upwards. Pay attention to the support at the lower level of 2400, 2320, with critical support at 2270. Resistance levels are at 2530, 2560, and 2610. As long as the pullback does not break below 2270, there is still a chance to continue making new highs. Therefore, buying in batches below 2350 for a rebound is quite good.

Currently, buying at these positions can only be for ultra-short-term trades. Assuming you bought at 2430, if it breaks below 2400, you need to stop loss. If the rebound does not break through 2500, you need to take profit. This kind of position is not recommended for long-term holding.