Big Cake (BTC)



1. Trading sideways and choppy at high levels; weekend trading volume is sluggish, volatility is tightening, and it’s difficult to break the major range in the short term

2. From the technical perspective, daily indicators show bearish divergence at the top, RSI is overbought, and bullish momentum is nearing exhaustion

3. Price forecast: first, spike upward to lure in longs and shake out shorts; then fall back and decline

4. Trading strategy: short-term long at 75,800-76,600, and take a high-leverage short at 81,000-82,000

Small Cake (ETH)

1. Moving in sync with Big Cake, ranging within a box pattern; afterward, the bias is bearish

2. Go long at 2,250-2,260, and lay in a short near 2,350 at the higher levels—profits are limited in a ranging market
BTC-1,72%
ETH-3,37%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin