Cake~From the current market, the trend space is small. There are few opportunities for short-term breakouts and the volatility is limited. Maintain an intra-regional oscillation cycle.
Therefore, the targeted trend structure is still biased towards short-term roundabout oscillation consolidation. For the current regional oscillation consolidation, the short-term focus is to wait for the high and low points to be touched and broken, and the continuation can be seen after the break.
If a breakout cannot be formed, then you can go long around the retracement, and go short under pressure after the rebound.
Cake can go long if it retraces to 60900-61000, and must have a small defense or protect the principal, and the target is 62000. $BTC