The short position expectation for the pancake yesterday was realized again with an evening drop, reaching a low of 111944, which is not far from the support level of 111850 mentioned the day before. The bottom has successfully taken a long position, and the price has steadily rebounded. During the decline, the trading volume decreased, and after the rebound, the volume stabilized, waiting for an increase. The bulls will strike again. This time, if the rise does not break through 114912.9, it will still be considered an ineffective rebound. From the performance of the rebound volume, this expectation can still be attempted for speculation. Currently, at this price, one can consider entering a long position directly, with support unchanged.
The short position expectation for Ethereum was also realized yesterday, oscillating between 42-43, which is all normal as mentioned the day before. The market showed strong performance during the intermediate decline without reaching a new low. The downward volume continuously decreased until the rebound stabilized, waiting for an increase to start the upward movement. This wave seems more like a pullback. The last 4-hour candlestick formed a doji at the bottom, a Morning Star pattern. This rebound needs to break 4399.96 to be considered effective, and it must be accompanied by synchronized volume and price. Currently, at this price, one can attempt to go long, but if it breaks below the doji, stop-loss and exit the position.
