In terms of the large pancake, the price is still under pressure after encountering resistance at the 120,000 mark, but overall it remains in a high-level adjustment phase, with both bulls and bears having operational space. The focus should be on the support and resistance performance in the 117,000-120,000 range.

Recently, there have been frequent positive news about the situation, and the bulls have taken this opportunity to continue to push forward, showing a surging trend similar to the large pancake last week, which is beyond doubt. In this market condition, regardless of the position, if you are stopped out while shorting, you should accept it humbly. From a short-term perspective, the bullish momentum remains strong. After the previous significant rise, it may enter a high-level adjustment phase today, so pay close attention to the support and resistance situation in the 3280-3450 range. #币安HODLer空投ERA $BTC