9/3 Afternoon Big Cake and Second Cake Silk Record:
Current big cake is approximately 110700, the trend at Pan口 is still unclear. The technical analysis shows that short-term momentum has increased, short-term moving averages have formed a golden cross, and the price has successfully broken through the short-term moving averages, suggesting a strong bullish atmosphere. However, trading volume has drastically shrunk, and market participation is sluggish, resulting in a divergence between price and volume, which undoubtedly weakens the reliability of the upward trend.
Currently, the big cake is gradually approaching a strong resistance level of 111350, where the possibility of fluctuations or pullbacks has significantly increased. However, from the daily perspective, the overall trend still shows a bullish pattern, with MACD bullish momentum continuing to strengthen, and the daily trend remains dominated by bullishness.
Operational suggestion: Focus on accumulating bullish positions during pullbacks at lower levels.
Big Cake 109500 - 109000 bullish, target around 111500.
Second Cake 4250 - 4270 bullish, target around 4330.
