The pancake yesterday was generally trading within the range of 101200 to 102500, fluctuating repeatedly. As trading sentiment gradually accumulated, the market experienced a volume breakout during the evening session, with the high test reaching the 106600 level, breaking through the previous resistance area. Currently, it is in a short-term pullback phase, but the pullback is limited, and the upward momentum in the pancake remains intact. Next, attention should be paid to the breakout of the 105000 level. If it can stabilize above this level and continue to volume, it is expected to further challenge higher levels.

Ethereum generally maintains its correlation with the broader market. It started an upward attack in the morning, with the high reaching the 3658 level.
Currently, the pancake faces resistance at the 110000 level, with support at 100000; Ethereum faces resistance at 3800, with short-term support moving up to 3500.