Evening Analysis on July 24
From a short-term perspective, after a series of upward movements, it reached a recent high point, then faced resistance and retreated, forming a long bearish candle. This pullback tested the support level of the Bollinger middle band, and it is likely to continue oscillating downwards in the early morning. The competition is intensifying, so the morning trading strategy should focus on lower ranges.
Large Cake: Suggest to trade around 117000-117500, with a target of 118300-119300
Small Cake: Suggest to trade around 3560-3540, with a target of around 3660-3640
