Lettuce Strategy on June 17, 2025

Market Review: The big cake surged sharply upwards early yesterday morning, and the weekend sideways structure turned into an upward structure. The big cake once rose by 5% to around 108900, but then lacked momentum and underwent a deep pullback, retesting the 4-hour moving average. It is currently forming a small-level bottom pattern, and in the coming days, it is expected to break through historical highs as the bulls' target.

The big cake's rise yesterday was relatively sluggish. I have already mentioned in the small class how to judge the strength of trend markets (if you haven't seen it, please ask the assistant for the link). Early this morning, it plummeted by 3%. Now, at the 5-minute level, it has stabilized, and the daily MACD has turned from a downtrend to an uptrend. I remain optimistic about further increases. The big cake has established a small support at 106600 in the past two days, and the bulls can use this level to attack.

Second Resistance: 110200

First Resistance: 108600

First Support: 106600

Second Support: 105000

The fluctuations of the second cake are very large, ranging from 2500-2680-2530. Both bulls and bears are very emotional, and the indicators are far inferior to the big cake's standards (the 4-hour big cake found support at the moving average, while the second cake directly broke down). It can be observed that the second cake's second round of rising is also very aggressive, having already recovered 60% of the drop, and it is expected to break through 2680 and surge upwards again.

Second Resistance: 2727

First Resistance: 2680

First Support: 2550

Second Support: 2435