$BAKE BAKE Today's Market Analysis:

In the 1/2 hour time frame, the market clearly shows a bearish trend. When zoomed in to the 4-hour level, the purple signal has appeared and needs special attention.

Today, the core price focuses on 0.2539.

The lower support levels are 0.2522, 0.2484 and 0.2449.

If the market shows signs of rebound, the upper resistance level can be initially set at 0.2617, 0.2669 and 0.2723.

From the perspective of the spot market, there is no need to worry too much about the current ups and downs, because the long-term prospects of the spot market remain optimistic.

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