$ETH The morning big cake rebounded from the low point of 107041 for the first time to the high point of 107565 and then fell back to around the low point of 107034. After that, it rebounded again to touch the high point of 108218. Currently, it is slightly active and consolidating around the vicinity of 107900. The bullish thinking laid out in the morning has come to fruition. After the midnight big cake bulls captured more than 900 points of space, the big cake long position given in the morning has once again gained nearly 1100 points of space. Ethereum has rapidly risen more than 110 points after stabilizing around the low point of 2407, with a maximum touching the high point of 2518. Currently, it has slightly fallen back to the vicinity of 2500.

The 1-hour chart of the big cake shows a step-like upward channel, and the MACD's secondary expansion indicates strong bullish momentum. The key resistance above is at the previous weekly high of 108500 and the psychological level of 109000. Support below focuses on the morning breakout level of 107500 and the bullish lifeline of 107000; the 4-hour chart of Ethereum confirms the breakout of the descending trend line, with short-term resistance at the morning high of 2520 and the previous high of 2550. Support is seen at the breakout turning support level of 2480 and the trend line of 2450. The cloud deer strategy from midnight to morning has accumulated a profit space of 2000 points. The current market maintains a strong upward trend, but caution is needed for afternoon European market fluctuations. If the big cake falls below 107500 or Ethereum loses 2480, it may trigger a technical pullback. It is recommended to set mobile stop-loss for all profitable positions to protect profits and strictly control risks.

Big cake suggestion: 107800-108000 stabilize to go long, stop loss at 107500, target at 108500-109000.

Ethereum suggestion: go long near 2490 with targets at 2520-2550, stop loss at 2470, partial take profit when reaching 2550 #币安HODLer空投SAHARA