Is the rebound of the second cake an illusion? The downward fluctuation is not over yet, and the key interval sees an intensification of the long-short battle!

As of June 19, the current price of the second cake is 2510, seemingly rebounding, but in reality, it is still in a downward fluctuation channel. Although there is support near the low points, the strength of the rebound is weak, and the overall phenomenon can be summed up in one word: illusion.

Both sides of the long and short positions are repeatedly pulling back and forth in the key interval, and the frequent turnover of chips indicates a high degree of divergence in market sentiment. At this moment, following the trend is the worst move; when there is no direction, doing less is the best strategy.

Maintain a steady mindset and wait for the trend to become clear; this is a necessary lesson for mature traders.

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