Evening Strategy for Cake

Cake fell from 108,000 yesterday to nearly 9,000 points, with a range of 8.5%. Today, it adjusted back by 3.65% during the day. If you chase long positions, you may be trapped. Let's ambush and short at high altitude. It will take some time to break through the 110,000 mark in the short term. Moreover, the residual heat of what Lao Bao said at 3 a.m. has not evaporated yet. There will definitely be another correction. The predicted position of the big shock is between 10-10.5. Cake has broken through the last support level of the rising channel, near 99,000, and a V-shaped rebound has occurred. From the perspective of Fibonacci retracement, it is now an upward trend. In the morning, the ambush long position also earned 2,700 points. The general direction is clear, so we can choose between them. The upper pressure level is 105,000, and it will definitely go up. Let's connect the needle a little above the pressure level🪡,

Ambush and hang short orders: short near 105,700, and put a little stop loss to avoid being forked out by the breakthrough.

Without saying too much, fasten your seat belts and start the car, brothers! $BTC