Big Cake completed a second pullback-retest confirmation near 73,800 at midnight. After strong support kicked in, it quickly stabilized and rebounded, reaching a high of 75,500 before getting pressured and pulling back. Currently, it is trading in a narrow range around 74,800. Since yesterday, we have stuck to a low-buy mindset; both Big Cake and Yi Tai’s price action match the bullish expectations.

As for the market, Big Cake’s two pullbacks both effectively held the key support levels. The strength of the stabilization and rebound is clear, and the highs and lows have risen in tandem. On the 4-hour timeframe, the price twice surged to 75,500 and met resistance, suggesting that short-term long momentum has started to weaken; however, the candlesticks frequently form long lower wicks, indicating strong buy-side follow-through. The middle Bollinger Band support has also been confirmed for the second time, and the downside support is solid. Overall, although the pace of short-term upside has slowed somewhat, the medium-term uptrend structure has not been broken. The bullish outlook remains unchanged, and this morning we continue to focus mainly on low-buy positioning.
Big Cake retraces around 74,100-73,500, then looks up to 76,000-78,000.
Yi Tai retraces around 2,310-2,280, then looks up to 2,400-2,480 1928374656574839201#GatePreIPOs首发SpaceX $BTC $ETH