6.14 Saturday Evening Big Cake/Second Cake Market Analysis
Based on the analysis of the Big Cake 4-hour candlestick pattern, although the current price has shown a technical rebound, the overhead moving averages form a dense resistance, creating significant upward pressure. From the perspective of technical indicators, the MACD dual lines still hover below the zero axis, with the red momentum being weak and not yet showing sustained volume, indicating that the upward momentum is only in a tentative offensive stage and has not yet established a complete upward trend structure.
In this context, it is expected that the short-term market will maintain a range-bound oscillation pattern. If the upward momentum cannot effectively break through the moving average resistance, the price may fall back and retest the lower Bollinger Band support area; conversely, if the price successfully breaks the middle line of the Bollinger Band and stabilizes effectively, it will inject stronger momentum into the rebound trend. It is worth noting that even if the rebound trend continues, the key resistance level at 106168 still needs to be closely monitored, as this price may become an important touchstone for testing the sustainability of the upward momentum.
Operation Suggestions:
Big Cake: 104000-104500 Look at around 105500
Second Cake: 2500-2530 Look at around 2580
