7.14 Big Cake Aunty's Evening Thoughts

Big Cake performed strongly today, oscillating upward from the 118200 line to around 123300, with an intraday increase of nearly 500 points. Tomorrow, the CPI data will be released, and tonight's performance of the U.S. stock market will play a crucial guiding role for tomorrow's market direction. It is recommended that investors closely monitor important positions and prepare their layouts in advance.

From the hourly technical perspective, there are certain conflicting signals currently: the Bollinger Bands are clearly opening upward, the upper band is steeply rising, and the bands are continuously expanding, indicating that bullish momentum is being fully released, with good buy support. The market's inertia continues to move along the upper band, and there is still imaginative potential for short-term upward movement. However, the rapid expansion of the Bollinger Bands also suggests that market volatility is rising simultaneously, necessitating caution against the risk of a short-term pullback after reaching new highs. $BTC $ETH #BTC突破12万大关

Personal Recommendations

Big Cake: Do long around 1210-1200, targeting around 1240-1250

Aunty: Do long around 3040-3010, targeting around 3100