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7.2 Big Cake and Ethereum Evening Outlook
1-hour level saw a large bullish candle with increased volume, MACD green bars significantly shrinking, DIF turning upward close to DEA, bearish momentum weakening, short-term bullish recovery. The previous high of 61447 is a strong resistance level. It is not recommended to chase the rally directly; wait for a pullback to support for lower entry. Be sure to set stop losses for operations.
Strategy Layout
Big Cake: Enter short on resistance in the 61500-62500 range, target around 60500, and after breaking through, target around 58000
Ethereum: Enter short on resistance in the 1660-1680 range, target 1620, and after breaking through, target around 1550#币圈 $ETH $BTC