The big cake is fluctuating and consolidating! There may be a shocking change in the market in early June!

Yesterday, the big cake fluctuated around 104,000, forming a new box range between 102,000 and 105,000. After the 4-hour MACD dead cross, it is expected to fall back to 102,000, but the lowest is only 103,400. The overall trend shows that the dealer chooses to consolidate sideways.

It is not recommended to chase high at present, and the position of 104,000 is risky. If you participate, it is recommended to wait for a breakthrough of 105,000 and set a stop loss below 104,000, and vice versa.

From the daily line, it is still in a bullish trend, and the 20-day line is around 97,280, and it continues to rise. If it does not fall below the 20-day line, the current upward trend is expected to continue.

Weekly MACD golden cross, five consecutive positives, technical support for a new high, the target may be close to 110,000.

Summary:

Big cake fluctuates in the short term, pay attention to the breakthrough of the box

It is expected that a key change will come in early June