727 five-point-two cake technical analysis of the market

The current market is in a short-term pullback phase within an uptrend. The 4-hour BOLL midline continues to move upward, and the price remains above the midline on the 1-hour chart. Overall, the trend is still relatively strong.

On the 15-minute timeframe, the pullback has reached the middle-lower band area, which is a phase of short-term profit-taking and the market rebalancing. Currently, VOL is shrinking while OI is rising, indicating that funds are still positioning. The long/short battle in the market is intensifying, and it is waiting for the next directional breakout.

Next, watch whether the 15-minute BOLL midline can hold and stay firm. If it breaks out with increased volume, the trend is likely to continue; if it breaks below the lower band and causes the hourly timeframe to weaken, further pullback should be guarded against. At present, the main approach is to look for opportunities on pullbacks and confirm on breakouts. $ETH ‌