#CAKE
《After Supplementing———cake Position Update》
This wave of correction in Bitcoin, Ethereum, BNB, and other mainstream currencies has not seen much of a pullback. Since it can't drop further, a market rebound is just around the corner. Yesterday at this time, I advised everyone to reduce their overall positions, and now we are looking to buy back what was reduced yesterday. The same amount of capital has acquired more chips, which is what we are doing.
Buy CAKE around 2.4, and after selling near 2.7, I advised everyone to buy back around 2.4. Today it has also cooperated to reach around 2.4. After supplementing, there has been a rebound. This wave of rebound focuses on the level of 2.74; if it can break through, then we will set the reduced position above 2.8, otherwise, we will reduce positions near 2.7.
In the past two days, I mentioned that Bitcoin's support is around 106000. Today, it dropped to around 106600 and started to rebound, leaving a bottom shadow. This rebound has not brought volume; we hope Bitcoin can reach a new high.
Ethereum has also rebounded strongly near the 2700 level, and the current resistance is near yesterday's high of 2890. I still hold my long position looking towards around 3130; is the day for the E family to shine coming?