Today's Midday Analysis of the Second Cake:

From the current market perspective, the 4-hour Bollinger Bands show a converging pattern, with the distance between the upper and lower bands narrowing. The market is running below the middle band, within the range of the lower and middle bands, and short-term fluctuations have significantly weakened. The price stopped falling after approaching the previous low of 3925.01, with the 3900 level showing some support resilience. Overall, the market is in a phase of consolidating and building a base, preparing for a rebound. In the tug-of-war between bulls and bears, the current bullish force appears slightly weak, with the K-line mainly consisting of bearish candlesticks, while bears still dominate the short-term trend; however, the long lower shadow has weakened the downward momentum, limiting further downward space. The short-term operation suggests focusing on buying on dips for rebounds, as long as the 3900 support level is not breached, the overall strategy remains bullish.

It is recommended to trade the second cake in the range of 3920-3950, with a target of 4050. #加密市场回调 $ETH