Morning Analysis of the Big Cake:
Reviewing the overnight big cake, which has risen as expected and is currently operating around 94600.
From the current 4-hour structure, the big cake is operating near the upper Bollinger Band, with KDJ moving downward and MACD showing an increase in divergence.
From the daily chart perspective, bullish sentiment is gradually warming up. Currently, the market is still leaning towards an upward trend, but there is insufficient supply in the future, and resistance appears around 9570 at high levels. The price is retreating and operating near the 94600 position, overall upward momentum is weakening, but the general direction remains unchanged. The short-term trend is in a corrective adjustment, and a prudent daily operation is still to buy on dips. If the upward trend breaks out, one can choose to follow in lightly to capture short-term profits.
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