1/5 Sunday Early Morning Big Cake and Second Cake Silk Record:
From the current market perspective, Big Cake is affected by the market closure on Saturday and is still in a fluctuating trend. Meanwhile, Second Cake has taken steps to catch up, continuing to fluctuate upward, with ample room for ascent. Although there are signs of a slight pullback currently, it can still be seen as a state of building strength for upward movement.
From the analysis of the 4-hour technical indicators, KDJ, MACD, and BOLL indicators are all exhibiting a fluctuating upward trend. The MA3 moving average is also showing varying degrees of bullish arrangement. However, it should be noted that the cryptocurrency price is currently in a breakout phase within the Bollinger Bands. Overall, it is expected that the short-term trend will continue to fluctuate upward in a box-like manner.
Suggestions:
Big Cake buy in the 97000-97500 range, with the upper target looking towards 98500-99000.
Second Cake buy in the 3550-3580 range, with the upper target looking towards 3650-3700.
