Analysis of the Big Cake Market on July 11th.

After previous fluctuations and accumulation, the market experienced a strong breakout during the morning session, with the Big Cake leading the way, soaring to a high of 117500, achieving an astonishing increase of up to 7000 points, and strongly breaking through historical highs. Looking at the four-hour chart, there has already been some pullback, and we continue to observe a fluctuating market during the day, waiting for opportunities to rise closer to the high points. From a technical indicator perspective, the current framework has significantly deviated from the upper Bollinger Band, the RSI indicator remains in the overbought zone, and the MACD histogram has shown signs of a top divergence. All these signals indicate that the risk of market correction is accumulating; any unilateral surge is hard to sustain, and the market will ultimately return to a normal rational track, especially after key resistance levels are broken, which will lead to profit-taking and trigger a technical adjustment.

Big Cake; Short near 117700-118200, target at 116500-114000, stop loss at 118800.

Ethereum; Short near 3020-3050, target at 2900#美联储6月会议纪要 .