Brothers, a new week has begun. Yesterday, the pancake market experienced a pullback after being pressured at the key point of 90497, with the lowest point touching the support area of 88270 during the downward process; the aunt also showed a correlated trend, gradually falling from the key point of 3128, eventually stabilizing near the low point of 3048.

Currently, from the pancake perspective, the daily level has shown a three consecutive bearish candle trend, with prices continuously falling to the lower Bollinger Band area. During this period, there were intermittent doji candles for consolidation and repair, but they failed to break the weak operating pattern, and the market's downward trend has not seen substantial improvement, remaining in a pressured downward channel overall. At the four-hour level, the anti-moving average system and technical indicators show a slight rebound tendency, with some adjustment space above. The current area of 89,000-89,500 has transformed into a key resistance zone recently; if the rebound cannot break through this area with volume, the moving average system will constitute dynamic suppression, and bearish momentum may further strengthen. The short-term core risk lies in the effectiveness of the support at the previous low of 87900. Once this position is lost, the downward space may further open up to the 85000-86000 area.

Monday afternoon thought: pancake around 88000–87500, target near 90000.

Monday afternoon thought: aunt around 3030, target near 3150.$BTC $ETH