11.25 Big Cake Silk Road

The daily and weekly lines are still under pressure from bears, and the 8000 point rebound is just a "breaking the ice"; it is not yet time for a reversal signal.

The 4-hour chart forms an ascending wedge, and the hourly level shows a decrease in bullish volume, a typical "raising prices to wash out traders" rhythm — the essence of the upward range hasn’t changed, and a pullback is the entry point.

Big Cake 86500–87000 stabilizes to go long, initially looking at 89000, break 90k before considering adding positions. Maintain proper defense. $BTC