The bull market in the US market pancake has started to exert its strength, with prices surging from 35,900 to around 37,000, and then gradually falling back, but stabilizing above the 36,000 mark. Last night, Lao Bai gave a bearish strategy, and the pancake also delivered a short space of over a thousand points, while Ethereum also had a space of fifty to sixty points.
The market fluctuated little during the weekend, with prices oscillating in a narrow range. The pancake led the way yesterday, but Ethereum's performance was not satisfactory, failing to reach the 2,000 mark. From a daily perspective, both the pancake and Ethereum are above the midline, and can rely on support levels for low long operations in the future.
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Long near 36,200 for the pancake, with a target of 36,700-37,000. Long near 1,920 for Ethereum, with a target of 1,980-2,000.
Resistance levels: 36,700, 1,990
Support levels: 36,100, 1,920
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[The above views are for reference only. Investment carries risks, and caution is advised when entering the market.]
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