### 7.1 Market Analysis



*Big Cake Silk Road* reference *Kundun* layout
Entry range: 58800—59300
Defense: 59800
First target: 56500, second target: 56000

**Technical Analysis**

**Bollinger Bands structure**
After the price surged to a high of 58720, it continued to fall, breaking through the Bollinger middle band. The current price 58197 is operating below the middle band. The upper band has formed strong pressure, the channel opens downward, and the *Kundun* trend dominates. #CryptoCircle #Gate完成141只股票股息派发 #特朗普披露持有超1亿美元BTCETH #Sharplink增持1万枚ETH $BTC $ETH
BTC-1.77%
ETH-0.68%
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