Big Cake is standing on the edge of life and death, one foot in heaven, one foot in a mining disaster!
As the geopolitical situation tightens, Big Cake plummeted to 102.6K, and the bearish technical indicators are shining bright red. Three consecutive bearish candlesticks, a head and shoulders pattern, and a cliff-like decline in CMF, even the RSI can't hold up anymore.
The next stop is a breakthrough to a new high at 110.5K? Or heading straight for the psychological level of 100K?
The weekend closing will reveal all — don't blink, the market may be more thrilling than a blockbuster from the beautiful country.