The large pancake has stabilized at a key support level in the 4-hour cycle, and short-term rebound momentum is initially showing. If it can continue to hold the current rebound platform, it is expected to open a phase of slightly bullish corrective trend. In terms of operations, if the trend retraces, one can rely on the key support level to attempt a long position. The large pancake is around 118000—117500, targeting around 119000-119500. Ether can be long at around 4530—4500, targeting around 4650-4680, $BTC $ETH #美国7月PPI年率高于预期