$ETH Evening Thoughts:
Today's performance of the second pancake is quite good and deserves praise! At least the big pancake hasn't risen, and the second pancake hasn't followed a downward trend but instead is moving upward with fluctuations. Keep up the effort, second pancake, let's go!
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Speaking through the chart: The second pancake is making a Fibonacci 1 to 1 upward movement at the hourly level, isn't that too much to ask? After all, it seems like the second pancake hasn't been above 1700 for a long time, so let's go!
The second pancake breaks through 1597 with volume, pursue the long position on the right side, and if it breaks below 1591 with volume, pursue the short position on the right side, pay attention to the changes in volume, and set your stop loss properly.
If the second pancake can stay above 1612 at the hourly level, look up towards 1638-1673. The second pancake needs to make a statement tonight; when everyone is pessimistic about you, you must execute a two-level reversal.
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If the 4-hour level breaks below 1559 and cannot recover, the second pancake will need to test 1517-1474. The second pancake is currently in a crucial position at the 4-hour level; whether it can resolve the big bearish candle marked by the yellow box in the chart depends on tonight. During the second pancake's retreat for cultivation, I hope no one disturbs it; otherwise, the second pancake may go crazy, and a mad second pancake is quite scary. Meeting adjourned.