During the weekend, the price of the pancake once surged to a high of 80200, and Ethereum also set a new record, reaching 3241. There is a risk of a pullback and significant drop in the short term. Market opportunities are everywhere, but if you lose your principal, no amount of opportunity will be relevant to you. We must respect the market's rhythm and avoid going against the trend. Currently, this round of consecutive rises is similar to the A-shares' movement on the eve of National Day, indicating the establishment of a trend. Just as the A-shares experienced a consolidation period after rising and have not yet broken through the 3700 points. However, the cycle we are focusing on is relatively short, so after a pullback, the upward trend will be clear, and this should undoubtedly be a consensus at present.

The problem is that friends who haven't boarded don't know how to get on. It keeps rising, but you have to understand that the market cannot just keep rising like this, so a pullback is normal and necessary; this is a healthy increase. Just like the first wave of hitting a new high at 73600, you thought a pullback to 70000 was the bottom, but it ended up at 66810. This wave surged up to around 80000; how much will it pull back? It's unclear, so hold your spot well!