September 7th Big Cake Auntie's Evening Thoughts

In the one-hour timeframe, the current price is oscillating overall between the range of 108041 to 109180, with a clear tug-of-war between long and short positions. The big cake is currently above the middle band of the Bollinger Bands, which are also in a contracted state.

From the MACD indicator, the green bars continue to extend and have formed a death cross, indicating that bearish momentum is still being released, and the bears have a slight advantage in the short term.

Next, it is crucial to focus on the support performance at the 108000 level below; if it breaks, the market may weaken further. At the same time, the area around 109200 above constitutes a phase resistance; if it cannot effectively break through, the rebound potential will also be limited.

Personal Suggestions

Big Cake: Enter at 1090-1097, target down to 1072, break below to look at 1050$BTC

Auntie: Enter at 2630-2650, target down to 2560, break below to look at 2480$ETH