Big Cake and Second Cake Evening Thought Analysis

Operation Suggestion #BTC #ETH

Big Cake can go long near 89700 to 89200, pay attention to 91000

Second Cake can go long near 3140 to 3110, pay attention to 3220

Some people impulsively increase positions, accidentally hitting the windfall, wealth rolling like a snowball, some due to excessive analysis and trading too frequently, suffering deeper losses, some due to fear of missing out remain in cash, the market situation surges like a tidal wave, leaving only regrets that come too late, the truth of the crypto world is never about the market being hard to predict, but rather your mindset has already collapsed at the starting line—greed is fuel, fear is the brake, and hesitation is the shackles that keep you stuck in place forever. Looking back at the afternoon market, the Big Cake has been in a state of slow rise and fluctuation, within the narrow range of 89000 to 89800, the Second Cake is also synchronizing with the Big Cake market, operating within the range of 3110 to 3145, fluctuating upwards during the session, the afternoon thought of holding long positions continues,

From the current market perspective, looking at the four-hour level, the market is advancing step by step towards the middle track of the Bollinger Bands with a trend of three consecutive rising candles, the Bollinger Bands show signs of narrowing, the price has not yet broken through the existing operating range, although the middle track line continues to maintain a slow downward trend, the support below is solid and combined with the recent characteristics of gradually rising low points, the short-term market structure still shows a dominant pattern of consolidation. From the one-hour level, the market is gradually warming up after experiencing a phase of deep adjustment, the current price has risen back to just below the upper track of the Bollinger Bands, with rebound highs gradually increasing, showing a characteristic of small continuous rising fluctuations, the overall market is entering a phase of consolidation, accumulating momentum for future trend breakthroughs. Therefore, the evening operation suggestion from Lao Zhao is still to continue the afternoon thought, focusing on the area above the support point to go long.