Evening Analysis of Two Cakes on July 17

From the chart trend, since hitting the bottom on July 15, after a wave-like rise, the upward momentum has significantly strengthened.

In the short term, it is expected that there will still be continued upward momentum, and the target level of 3494 can be monitored. However, it should be noted that it is not advisable to blindly chase at this time; it is recommended to observe market trends more. If it rushes to the high-level area, a relatively conservative approach is advisable. When operating, be sure to implement stop-loss protection, and avoid holding onto the position stubbornly.#BTC #ETH