After the second pancake encountered minor support, there was a rebound at noon. Currently, the main forces haven't made much move, and now another opportunity for a rebound short position has arisen. The market continues to aim for high shorts!
A rebound to around these two levels of 3800 and 3840 can serve as a springboard for the bears, targeting 3740, 3630, and by the end of the month, looking towards around 3000! $ETH