Big Cake Evening Analysis:
The Big Cake oscillated in the range of 118000-119200 during the afternoon, with the upper and lower bands on the hourly chart slowly descending, and a high probability of a slight continuation of the downward trend in the short term. The 118000 level has strong support, and the current price fluctuates between the middle band and the lower band, with clear resistance to the upside and limited downward movement.
Tonight's CPI data is a key variable, and we need to closely monitor market dynamics to adjust strategies.
In terms of operation, it is recommended to arrange long positions near 118000, targeting 119000-120000.
