The pancake has fallen about 6% in the past two days. Technically, the 4-hour and daily charts haven't shown a clear bottom yet, and the weekly chart has a long upper shadow, so we need to watch the closing at 8 AM on Monday. However, from the trading volume, large institutions haven't sold off in large quantities, and I really don't know what the market makers are planning.

On the macro side, there is a 90% probability of a 25 basis point rate cut in September, and there may be another rate cut in the fourth quarter of this year. Additionally, the year-end market usually performs well, so there’s no need to worry too much as long as it doesn’t drop below 116,000.

If it doesn't rise during the day, short-term positions can take profits at resistance levels and then re-enter when it tests the support level in the evening.

Bitcoin has resistance around 118,300 and support around 116,500; SOL has resistance around 192 and support around 182.