Big Cake Aunty has not seen significant fluctuations after a spike in needle trading in the early morning, and the current trend is stabilizing, with prices oscillating within a relatively narrow range. From the perspective of market cycles, after experiencing severe fluctuations in a bear market, this kind of consolidation is a normal stage of market recovery. Currently, from the observation of four-hour K-line technical indicators, the Bollinger Bands are showing a gradual expansion trend. According to conventional market rules, this round of oscillation may be nearing its end, and we can expect an upward trend to follow. However, given the high uncertainty and risk in the cryptocurrency market, even with clear bullish expectations, it is still necessary to carefully assess operations, especially to precisely control the entry timing and guard against potential market risks.

In the afternoon layout, we continue the morning strategy and remain cautious.

Big Cake around 103000, short-term target 104000.

Second Cake around 2400, short-term target 2500.