Big Cake Second Morning Thought Analysis

Operation Suggestions #BTC #ETH

Big Cake: around 89000-90500, target around 87000

Second Cake: around 3150-3100, target around 2950

Reviewing the midnight trends of Big Cake and Second Cake, the overall performance shows a downward trend. Big Cake has dropped from a high of 89372 to a low of 87971; Second Cake also declined, dropping from a high of 3107 to a low of 3052.

From the current market perspective, Big Cake has experienced three consecutive downward candles on the daily chart, reaching the lower band. Although there was a doji star for consolidation, the market conditions have not eased, and the overall structure still leans towards weakness. On the four-hour level, after the price stabilized at the middle band, the bulls did not repair strongly, but instead, there were four consecutive bearish candles, with prices tightly adhering to the lower band of the Bollinger Bands. Indicator moving averages are consistently pointing downward, indicating that there is still space below. The morning operation remains unchanged with a rebound and short selling strategy.