7.15 big cake / small cake noon thoughts

The big cake’s rally that started around 65700 has formed a complete upward structure and has broken through the previous broad sideways consolidation range. The upward structure that began from 61800 is also complete; it is currently only the first leg of the move. After confirming the e-wave, we will wait for the second wave pullback. Pullbacks back to the 63600-63400 support zone are the opportunity to continue entering. Overall, the bullish direction remains unchanged.

The small cake’s走势 is even stronger. After rising from 1500 to 1800, it went through broad sideways consolidation, and yesterday confirmed that the correction had ended and a new upswing has started. On the smaller timeframe, it has formed a complete upward trend structure, with the support level around 1820. The first wave moved very strongly. If a second-wave pullback occurs, the subsequent third wave may be able to break through the trendline resistance; the upside may exceed expectations.

Idea & layout

Big cake: pull back to the 63600-63400 zone to do a long Target 64000-64500
Small cake: pull back to the 1820-1830 zone to do a long Target 1860-1880$BTC #比特币