12.15 PM Analysis of the Second Pancake:
In the afternoon, the large pancake is closely linked with Ethereum, with daily lines maintaining a downward trend. The 4-hour rebounds are all weak adjustments, and significant pressure from moving averages and key resistance is evident. The MACD bearish momentum has not effectively weakened, and the overall downward rhythm is consistent. In terms of operations, anchor in the bearish direction, follow the rebound rhythm of the two for layout of short positions, and enter at the rebound node of Ethereum relying on the large pancake resistance level, ignoring short-term minor fluctuations, and closely monitor the main downward line.
Operation Suggestion: Short in the range of 3160～3140, targets 3080, 3030
