Analysis of Big Cake Evening Thoughts
If today the big cake can stand firm above the 113400 mark, it can continue to rebound with a bullish outlook. The upper levels require close attention to the three pressure points, which are:
First pressure point: near 114500
Second pressure point: near 115800
Third pressure point: near 116700
If the price falls below 116700 and fails to re-establish above 113400, it indicates insufficient bullish rebound momentum, and we need to switch to a pullback observation mode. The lower support points to pay attention to are two key nodes:
First support point: 112500, which can serve as a preliminary entry reference
Second support point: 110666, if reached, further entry opportunities can be assessed
In addition, near 109188 is the dividing line between bulls and bears; if this position holds, a bullish bias in volatility can be maintained; once effectively broken, it can follow the bearish trend for operation.
