The downward trend of the pancake has not shown a significant rebound, watch the pancake!
Yesterday maintained the end of the month adjustment status, currently the four-hour pattern is fluctuating downwards, with obvious pressure at high positions; the hourly line continues to show a weakening bearish trend, with short-term demand for continued decline;
From the market perspective, after the short-term rise and fluctuations of the pancake, it has fallen back with consecutive negative candles, forming a short-term downward channel, with high and low points gradually decreasing, showing weakness. The hourly MACD continues to be below the zero axis, the bearish strength is weakening but has not turned strong, and the pressure above remains obvious, with the trend leaning bearish, looking for a pullback action during the day.
Around 118300 for the pancake, looking towards 117000-116300$BTC $ETH #币安Alpha上新