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5.7 Early Jiangyu Heng Analysis of Large and Small Cakes
Large cake: The 15-minute cycle surged and then pulled back; the current price is 81,173, and it is in a weak, range-bound consolidation phase below the moving averages. The resistance level above is 81,800; only after it holds steady will there be a chance to test 82,800 again. The support level below is 80,000-80,400; if this breaks, price may drop to 78,600-78,800. In terms of trading: near the support level, take a light-position long; if price meets resistance, consider flipping to a short.
Small cake: The 15-minute cycle is weaker than BTC; the current price is 2,328, and the moving averages are aligned in a bearish formation, with rebound pressure becoming evident. The resistance level above is 2,350-2,360; only if it holds steady can the rebound restart. The support level below is 2,300-2,320; if this breaks, price may drop to 2,280. In terms of trading: mainly focus on selling near the range highs and buying near the range lows.
The US-Iran situation still has uncertainty, and the market is easily disturbed by sentiment. When trading, be sure to set stop-losses and control your position size. #BTC回调 $BTC