The market for the second pancake has been like a roller coaster, with directions unclear; in the afternoon, a short was given at 3710, and in the evening, nearly a 100-point range was achieved;
At midnight, there was another surge, but it did not stabilize above 3750. The overall trend is still bearish, and given the current market conditions, there remains an opportunity for bulls to escape the top;
The shorts above 3800 can continue to be positioned firmly. Currently, both positions around 3700 and 3750 can be set for shorts, with short-term targets of 3620 and 3530, and a long-term view of 3100! $ETH
