$BAKE BAKE Today's market analysis:
In the 1-hour, 2-hour and 4-hour time frames, the market trend clearly points to the short side.
Today, focus on the price around 0.2621. If the market goes down, the initial target below is 0.2558, followed by 0.2519, and finally around 0.2473.
If the market rebounds, the first focus point above is 0.2641, followed by 0.2720, and the final target can be set around 0.2793.
For the long-term spot strategy, we remain unchanged, that is, adopt a buy-on-dip strategy: buy moderately when there is a small decline, and increase the buying power when there is a large decline.
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