4.9 Morning Big Cake Analysis



The current Big Cake is in a technical pullback cycle after an upward move. The larger trend still leans bullish, but in the short term, the battle between bulls and bears has intensified. Upward momentum is weakening, so range-bound consolidation is highly likely. Breaking the previous high is difficult.

In terms of trading, the core strategy is to sell high and buy low. Only after the direction becomes clear should you follow the trend and increase positions.

• Key resistance zone above: 72,000-73,000. If there is little follow-through under pressure and it fails to effectively break through, the upside room will be limited. You may consider setting up short positions accordingly.

• Key support zone below: the 70,000 integer level. If support holds and stabilizes, you can gradually build long positions.

The current market sentiment is sensitive. You need to strictly control drawdown, strictly adhere to stop-losses, closely track disturbances in the news, and adjust your strategy in a timely manner.
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