The big cake needs to take a break before continuing!
This surge of the big cake has been strong, but to be honest, we are reaching a point where it's hard to catch our breath.
At this position, it is clear that a pullback is needed to shake off floating positions and catch a breath, so that there is enough strength to push to new highs. If it doesn't pull back and rushes directly, it might easily drop back halfway.
A pullback does not mean a reversal; rather, it is an opportunity before the next wave of upward movement. Just like before, whenever it dips, there is capital ready to take over, not allowing you to easily get on board.
So don't rush to chase the highs now; wait for it to come down and give a position. It won't be too late to get on board then. Reasonable support levels to watch are around 104000–102000; a steady pullback is an opportunity.
The washout action before the main upward wave; once the pullback ends, the next explosion is just beginning.
Stay steady, don’t panic; hold onto what you need, and don't let short-term fluctuations scare you away.
