#ETH Second Cake 2600 position has become a significant resistance level. After reaching it, it encountered strong pressure from the Kongs, causing Hangqing to decline. Although there are signs of rebound in the Pan, it has not been able to break through the upper Bollinger Band resistance, and the 2590 level has been difficult to breach for a long time.
From a technical perspective, the current middle track support is still maintainable, but the Kongs' strength is weak, and it is challenging to break upward in the short term.
Second Cake: Around 2590 Kongs, the first target is 2550, the second is 2500$ETH