Unfortunately, the short position of the pancake has been stopped out today, with resistance near 90500 ～9 1 0 0 0 above. Currently, the head position of Ethereum at 2950 is waiting to be replenished at 3030～3060. Everyone should pay attention and control their positions. This sudden big bullish move caught us a bit off guard, and the computer lost connection, interrupting the live broadcast. After fixing it, we will start again, #ETH走势分析

Under the dual impact of macro pressure and institutional selling, the crypto market experienced a collapse-like decline followed by a rebound that faced resistance at the psychological barrier of 88000 USD. Ethereum's rebound was hindered by the key support at 3000 USD. Market sentiment has reached a freezing point, and the trend is clearly bearish; any rebound is an opportunity to short in line with the trend.
During this period, we shorted from 94000, then to 92800, 92300, and along with yesterday's 87500～88100～89200 shorts, we have received market validation one by one. After the latest data was released, it touched 87700 and directly dropped to around 86000. Short-term players made a comfortable gain of about 1500 points. The subsequent price started to rebound but only reached 88100 before facing downward pressure. The current average price is around 87800, and currently at the 86400 level, there is still some profit space! Ethereum has been suggested for shorting at 3000～3030～3060, but unfortunately, it started to retrace near the highest point of around 2982. We then advised to directly chase 3000 to add to the position at 2945, and it is still being held!