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The second pancake follows the decline in sync; the low touched 2341.52, and the current price is 2367, fully realizing the script of linked weakness.
The high-level short that was called earlier has already taken full profit; following the trend operation will never lose.
- Resistance level (rebound must face pressure): 2390-2410. The original support has turned into resistance; this rebound here is a second opportunity to short. Set a stop-loss above 2430.
- Support level (evening line): 2340-2350. This is the key defensive zone for this round of decline; if it holds, you’ll see a weak rebound. If it can’t hold, you directly look at 2300-2310.
The panic selling pressure of the market directly drives the second pancake lower, and capital outflow is obvious. Tonight, the key focus is the buy-support volume around 2340—only when volume shrinks and stabilizes can there be hope for a rebound; a volume breakdown breaks the level and marks the start of a new waterfall. $ETH $BTC