The large pancake and Ethereum showed a strong rebound during the midnight period, but the continuation in the morning was weak, and overall it remains in a range-bound fluctuation pattern. This tug-of-war slow oscillation is not a signal of trend reversal; the bearish trend remains unchanged.

The small cycle Bollinger Bands are starting to converge, with prices repeatedly contending between the upper and lower bands, currently in the process of a second confirmation at the peak of wave B. The short-term back-and-forth is actually building momentum for a subsequent one-sided market. Analyzing the combination of weekly and daily candlestick patterns, the market is more inclined to break lower after consolidation, opening up adjustment space. $BTC $ETH #BNB创新高