As the market continues to be driven by the news of interest rate cuts, the price ratio increased significantly in the early morning yesterday, so that after we gave a bullish direction in the morning, the big cake has been in a sideways trend for adjustment. It was not until late in the afternoon that the price ratio began to rise in a step-by-step manner, and our real-time big cake also gave opportunities to enter and exit. Ether Development and Big Cake are slightly different. Since the morning, it has been developing around the trend of oscillating upward. Until now, our real-time market has also entered the market many times and left the market with force.
There is no need to say much about the current market. The bulls continue to increase their volume, and the price ratio continues to rise slowly to test the upper pressure level, which is still ongoing. The daily price ratio is supported by the middle track and rebounded, with three consecutive positive pulls, running in the upward channel, and the bullish trend is good. The 4-hour chart has constructed a platform support point, and the price ratio is stepping up, with signs of attacking high again, and both the four-hour and hourly lines show a situation of positive enveloping negative, and the bulls are dominant. In the short term, the short position is gradually increasing, and the long position is rising more and more slowly. We will first follow the continuation of a wave of long positions. If the upper pressure level cannot be effectively broken through, we can consider the reverse direction.