6.26, Analysis of the Secondary Cake Market.

In the evening, we will analyze the market for the secondary cake.

Looking at the daily chart, the rebound in the secondary cake market has not yet ended. A recent drop halted near the 2100 support level and has risen again, continuing to return to the bullish trend of the overall market. This retracement serves as a foundation solidification after a sharp rise in early May. Every wave of increase is accompanied by one or more retracements, which is a healthy upward trend.

Now looking at the hourly chart, there is an uptrend, resistance, and consolidation. The upward movement and the pullback indicate a very healthy upward trend. It all depends on whether it can break through 0.618. If it breaks through, it will drive more people’s emotions and create resonance. Increased buying will lead to an imminent rise.

For the secondary cake, entry is possible between 2400-2500, with a target aimed at 2600-2800. #eth $ETH