8.18 Afternoon Two-Pancake Strategy

The second pancake has finally caught up with the first pancake's pace, and now the rise and fall rhythm is basically synchronized, but the amplitude of the rise and fall has obviously expanded compared to the past.

Yesterday, ETH surged to around 4580 before starting to pull back, and this morning it dipped to around 4280. Within the 300-point range of fluctuations, many who failed to identify the resistance and support levels and blindly chased the rise have likely found themselves in a trapped situation.

Suggestion: Consolidate around 4360-4390, Target: around 4240