Yesterday, Big Pancake and Second Pancake were both trying to break through the short-term resistance level. Unfortunately, despite multiple attempts to test it during the day, they could not effectively break through and stabilize. If they cannot break through the key position for a while, a pullback to gather strength is considered a normal trend, and they will reorganize their strength to attempt to break through again later.

Currently, it is a bit awkward because if there are one or two unsuccessful breakthroughs and the strength still seems insufficient, it is highly likely that the market will first experience a pullback in the short term. The intraday resistance remains strong, and for the time being, we can only wait for the next round of more sufficient opportunities for a rise.

From the perspective of the larger trend, the bullish pattern has not changed, and the future direction still leans towards bullish. However, the short-term market is quite volatile, and the changes in the market over the next two days need to be paid special attention to. $BTC $ETH #BTC #ETH