For Cake, it is currently confirmed that the bullish momentum has slowed down for two consecutive days, which is specifically reflected in the 4h level callback. Pay attention to whether the daily level bearish trend will develop. If it is finally confirmed to be the highest point of 64k, then the lowest point of 53k has a chance to be tested. If it is tested again, 50k-53k is very worth buying in the band. But so far, it is stronger than the rebound of 65k, and there is indeed a decline. Keep observing, which is specifically reflected in the 4h level callback.
Pay attention to whether the daily level bearish trend will develop. If it is finally confirmed to be the highest point of 64k, then the lowest point of 53k has a chance to be tested.
If it is tested again, 50k-53k is very worth buying in the band.
But so far, it is stronger than the rebound of 65k, and there is indeed a decline. Keep observing. At present, it is just a callback.
The lower support level is 62.3k 60.8k and the upper resistance level is 65k 67k
