The Big Cake and the Second Cake Evening Thoughts
Currently, the daily trend of the Big Cake is weak and volatile, focusing on two prices:
The support line is around 85000; if the daily closing price falls below this level, it is highly likely to drop further, with support around 78000-80000.
If it rises, it will first encounter resistance at around 88000-89000, making it difficult to break through; to truly reverse the trend and strengthen, it must stabilize above 91000.
The indicators are not supportive; MACD shows a bearish signal, and while RSI shows some signs of not dropping further, it has not reached the level of reversal yet. The current rebound is basically a technical pullback after a significant drop.
The Big Cake is short around 90000-88500, looking down to 85000-86000.
The Second Cake is short around 3000-2950, looking down to 2800-2730.
Currently, the daily trend of the Big Cake is weak and volatile, focusing on two prices:
The support line is around 85000; if the daily closing price falls below this level, it is highly likely to drop further, with support around 78000-80000.
If it rises, it will first encounter resistance at around 88000-89000, making it difficult to break through; to truly reverse the trend and strengthen, it must stabilize above 91000.
The indicators are not supportive; MACD shows a bearish signal, and while RSI shows some signs of not dropping further, it has not reached the level of reversal yet. The current rebound is basically a technical pullback after a significant drop.
The Big Cake is short around 90000-88500, looking down to 85000-86000.
The Second Cake is short around 3000-2950, looking down to 2800-2730.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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