After dipping to 1118 yesterday morning, the big pancake has rebounded all the way up, currently peaking at around 1149. This level of oversold rebound on the 4-hour chart seems a bit excessive, rebounding 3000 points from 1118 to 1149, but it is still not enough to indicate that this adjustment has ended.

If it returns above the previous major range of 115 and stabilizes before continuing to rebound, then it would signify the end of the adjustment. Otherwise, similar to last Thursday, it will first drop the bulls at 1157-1189, then rebound and liquidate the bears.

The bulls who bought at 1118 took a small profit and sold out, and during the rebound, they opened short positions again. After the adjustment, my current cost price is at 1140, and I'm holding a little to study further. Brothers, join in later, be a bit cautious, and reference 1150 to observe the strength of the next pullback.

Ethereum's rebound is also strong, from 3350 to 3570, a 200-point rebound, which also kills both bulls and bears. Let's participate in the live session and observe for now...