Big Cake Night Market Analysis:



The short-term bullish trend is still in place; the core trading idea is to buy the dips and not chase higher prices.

Big Cake saw a strong surge overnight, fully matching the strategy analysis provided in the afternoon. Let’s look at the technicals: the Bollinger Bands’ three bands are diverging upward—this is a typical bullish trend structure. The price is running tightly along the upper band, meaning the risk of overbought conditions is building up. The MACD histogram continues to shrink, which is a signal for a short-term pullback. The probability of overnight high-level consolidation plus a slight pullback is extremely high, as it works to digest the RSI overbought.

Trading suggestion: Don’t chase highs; wait for a retest of the first support in the 705-710 range to buy long positions using the "橘" strategy. Set a strict moving stop-loss to prevent sudden plunges! #BTC $BTC
BTC1.11%
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