8.16 Big Cake Analysis

The overnight big cake cerium market is stable, with reduced volatility and narrow fluctuations at low levels, reflecting cautious sentiment in the cerium market and weak trading willingness. On the technical side, the rebound is weakening, with 118000 becoming an important short-term resistance level, hindering price increases. The weekend market conditions are variable, and it is advisable to adopt a strategy of selling high and buying low.

Big Cake: Around 118000-118500, with a supplement at 119300, looking down at 117000-115800.