August 28th Morning Big Cake and Second Cake Silk Road
When most people are watching, the sharp ones have already locked in opportunities. The market shows:
4-hour: Two consecutive bearish candles breaking the middle Bollinger Band, bears dominate, momentum diverging, KDJ death cross, likely to continue falling.
1-hour: After touching the upper band, three consecutive bearish candles declining, Bollinger Band opening widening, support broken, descending cycle not yet ended.
Operation: In the morning, focus on high shorts on rebounds, short-term rebounds do not change the downward trend.
Suggestion:
Big Cake around 112000, target 110000
Ethereum around 4540, target looking towards 4400