The second pancake wave directly dropped from the high point of 1713, falling all the way down to 1657, now stuck around 1668 with no decent rebound. Several moving averages are all pressing downward, and the price is hammered whenever it touches them, clearly indicating a bearish dominant weak market, with buying support unable to hold, and the bulls having no strength to fight back, just a weak oscillation after a decline.



The next idea is very simple: if it stabilizes around 1640 after a pullback, you can set up long positions; if it rebounds to around 1750, then enter short positions. Don’t mess around in the middle, as it’s easy to be swept back and forth. #美股AI概念股普涨 $ETH
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