The big pancake's rebound in Ethereum is not over; there is still room for further highs.

The big pancake has performed a 1-hour level rebound as expected, rising above 118,000, and the rebound is not yet finished, with the possibility of further reaching above 120,000. If it falls below 117,500, the rebound may end prematurely. Overall, after the rise, there is a high probability of another wave of 1-hour level decline, which may be stronger.

In the short term, there is still room for an increase at the 15-minute level; after a pullback, there will be another rebound. As long as it stays above 117,500, it can continue to look upward.

Ethereum, after stabilizing in the 4,350~4,400 range, is also in a 1-hour level rebound, with the expectation of reaching 4,790. As long as the price remains above 4,430, the rebound has the potential to continue; if it falls below, it may trigger a new 1-hour decline. It is expected that after the rise, it will enter a 4-hour level decline.

Trends for each cycle: Weekly trend is upward; daily and 4-hour levels are downward; 1-hour and 15-minute levels for both the big pancake and Ethereum are showing an upward trend, with a focus on the strength of the rise going forward. $BTC $ETH #美联储取消创新活动监管计划