#BTCRebound CAKEUSDT Market Analysis Update (2025/04/21)

## Trading Suggestion: Wait to Buy (Confidence Level 6/10)

**Price Update:** Decreased from 1.9930 to 1.9790 (-0.7%), multiple bearish candlestick patterns appeared (Doji, Hammer, Shooting Star, Bearish Engulfing)

**New Buy Zone:** 1.9650-1.9750 (Support Area)

**Stop Loss:** 1.9360 (-2.81%)

**Take Profit Targets:**

- TP1: 2.0500 (+3.8-4.3%) - 50% Position

- TP2: 2.1000 (+6.3-6.9%) - 30% Position

- TP3: 2.1500 (+8.9-9.4%) - 20% Position

**Risk-Reward Ratio:** 2.3-2.5 (Improving)

**Success Probability:** 60% (Slightly Decreased)

**Reasons for Strategy Adjustment:**

1. Multiple bearish signals in the short term

2. RSI declining across all timeframes

3. Funding rate decreased from 0.0050 to 0.0001

4. Order book buy-sell ratio dropped from 1.82 to 1.44, but buying pressure remains strong

**Incremental Buying Strategy:**

- 1.9750: 40% Position

- 1.9650: 30% Position

- 1.9550: 30% Position

**Technical Summary:**

- Short-term Trend: Downward Adjustment

- Medium to Long-term Trend: Still in an Upward Structure

- High probability of forming a bear trap before recovering upward

**Recent Observation Focus:**

1. Reaction in the support area (1.9750-1.9650)

2. Changes in order book imbalance ratio

3. 4-hour candlestick confirmation/denial of short-term downward trend

**Conclusion:** Although there is a short-term adjustment, the medium to long-term upward structure remains intact. It is recommended to take advantage of the adjustment to buy at better prices, expecting the upward trend to continue after the adjustment.