Looking at the two pancake chart, it’s the same as the big pancake — dead water with slight ripples. The price is stuck at 1753, with sparse buy and sell orders on both sides, and only about four thousand contracts difference in the order imbalance, indicating both bulls and bears are too lazy to make moves. Trading is even colder, with only one trade after 8 a.m., showing the market is still on the sidelines.

In the short term, the two pancake follows the big pancake, with no independent momentum. The area around 1730 below is a previous high-volume trading zone; if it can hold here after a drop, consider a small long position to catch a short-term rebound to 1755-1760.
The area around 1770 above is a resistance level; if the rebound reaches this point and stalls, consider a small short position with targets at 1740-1735. #我的Gate交易时刻 $ETH