Big Cake Auntie Early Morning Analysis

$BTC
From the 4-hour timeframe, Big Cake is currently in a clear downtrend. After the price broke below the lower Bollinger Band, it made a small rebound. Although the MACD green histogram is shrinking, it is still below the zero line in the bearish zone. The KDJ indicator has just turned upward after curling up from the oversold area. Short-term rebound momentum is weak. The middle Bollinger Band and around 77350 are forming strong resistance. On the hourly chart, after Big Cake bottomed at 75600, it moved into a narrow-range consolidation and repair. The MACD red histogram continues to expand, and the KDJ is in a high zone but has not yet formed a death cross. There is short-term demand for a rebound, but it is clearly suppressed by the upper Bollinger Band at 76950.

$ETH
Auntie’s price action is strongly correlated with Big Cake. On the 4-hour timeframe, it is still consolidating in a low range after the decline. Bearish momentum on the MACD continues to weaken, and the KDJ forms a golden cross upward. On the hourly timeframe, the KDJ turns downward from a high level, indicating that rebound momentum is starting to fade. In the short term, it will most likely follow Big Cake and continue oscillating.

Overall, Big Cake and Auntie are currently in a weak rebound phase after a decline, with limited upside room. It is important to focus on whether Big Cake can hold above the 76500 level. If it cannot break through, it is likely to continue probing lower in a weak manner.#加密市场小幅下跌