6.14 Saturday Midnight Big Cake/Second Cake Market
On Saturday night, the big cake market showed a downward trend followed by a rebound. Although it briefly recovered some losses, the rebound momentum is clearly insufficient, and it is currently fluctuating in a narrow range at a high level. Overall market sentiment is leaning towards cautious pessimism, with significant dominance from the main force.
From a technical perspective, the hourly K-line has formed a clear downward channel structure, and multiple attempts to break through key resistance levels have been ineffective. Based on this, the probability of the market continuing its correction trend in the short term is relatively high.
Operational Strategy: Maintain a bearish outlook during the midnight period and seize the opportunity to short at high points. If holding overnight positions, be sure to set reasonable stop-loss levels.
Operational Suggestions:
Big Cake: 105600-105400 Short, look at around 104000
Second Cake: 2530-2520 Short, look at around 2480