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A Wang An'an 4.22 “Big Cake” Morning Market Analysis:
Currently, the “Big Cake” price is trading around 762. Although in the morning it completed a quick rebound from the low of 747, and the highest point touched above 764, it has not been able to hold above the rebound high. It has entered a weak phase of narrow-range consolidation at high levels. Overall, it shows structural characteristics of “insufficient rebound strength, stagnation at high levels.” Although the price temporarily moved back above the middle band of the Bollinger Bands, the Bollinger Band opening is still in a converging state and has not formed effective expansion. This indicates that the short-term rebound is only a technical correction, not a trend reversal. The balance in the battle between bulls and bears is still leaning toward the bears.
Trading suggestions:
If the “Big Cake” rebounds to around 770, it’s 🉑 (cautiously consider shorting), with a target of 765-762. Set a stop loss! $BTC #GatePreIPOs首发SpaceX #比特币反弹 #美伊二轮谈判进展 #香港证监会发布新监管框架 #特纳斯接任苹果CEO