7.1 Big Cake, Yi Tai Evening Analysis

From the 1-hour cycle order book, Big Cake’s overall highs keep moving lower, rebound momentum remains persistently weak, and the larger structure dominated by short-term bears has not changed. At this stage, all pull-ups are only seen as technical corrections. On the indicators, although MACD has already exited the low level and formed a golden cross repair pattern, both lines are still running below the zero axis. The bulls’ push lacks strength, so it’s difficult in the short term to reverse the downward trend.

Operation Idea
Big Cake: If the rebound meets resistance in the 59000–60000 pressure zone, you can set up short positions. The first target is 58500; after an effective break below, look further toward around 57000.
Ethereum: When rebounding, keep an eye on the 1580–1630 resistance range. If it meets resistance, follow up with short positions. The primary target is 1550. If support breaks, the downside space looks toward 1480#BTC #ETH