Analysis of the big pancake market on June 11th in the early morning.

From the current technical patterns on the chart, the characteristics indicate that the rebound high points are gradually moving downward. From the perspective of volume-price relationship, the recent rebounds are generally accompanied by shrinking trading volume, while during declines, there is an increase in volume. This divergence in volume and price further validates that the market bears dominate at low levels. If during the night trading session the price rebounds to the 1095-1100 resistance zone and shows signs of stagnation, it may be advisable to consider gradually placing short positions. It is important to closely monitor the support strength in the 1085-1080 range, as this area has been tested multiple times previously. If it effectively breaks down, it may trigger an accelerated downward trend, at which point consideration can be given to increasing positions.

Big pancake; short near 109000-109500, target at 108000-106500

Ethereum; short near 2750-2780, target at 2650-#纳斯达克加密ETF扩容