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Crypto markets are not a simple gold rush; they are the ultimate test ground for cognition, mindset, discipline, and luck. They can magnify your human weaknesses—greed and fear. True inspiration is not celebrating at the highest point, but staying rational, continuing to learn, and keeping hope even in the lowest valleys. Technical pullbacks began in the early morning; Big Cake kept sliding, pausing after the lowest touched 71600. A brief retreat came along with an even more forceful subsequent surge. In the morning it climbed steadily, reaching a peak of 73441 before it finally stopped. Another 2000-point surge potential was again provided, and Old Chen had already given a bullish view in this kind of market in a timely manner and executed it perfectly. So, this time’s rally in Big Cake and Ethereum is not at all surprising—because everything was well reasoned, planned, and laid out in advance. Waiting until now has also been perfectly cashed in. Big Cake firmly took 2000 points, and Ethereum firmly took 70 points—from holding firm through the early morning to the dawn, watching the “oil and water” in your own account rise steadily higher. Only then do you suddenly realize that all the waiting was worth it.
From the current market situation, after a single bearish daily candle, Big Cake is followed by a strong recovery with a single bullish candle. Overall, price action is currently running above the middle band. After briefly touching the lower band on Monday, the support below has slightly gained strength and begins supporting a rebound. In the short term, there are signs that it may continue to probe the pressure of the upper band. Once this level breaks, it will form a large, sustained rally. On the 4-hour timeframe, it fell to the lower low, then formed a continuous wave-shaped rebound around the lower band. It is now shaping into a second-wave rebound: the rally from the lower band lifts above the middle band, and it even exceeds the middle band line, continuing to move upward persistently. In terms of the short-term trend, the upside is already taken over by the bulls. So for today’s trading, we recommend mainly buying after a pullback.
Bitcoin: Buy directly near 72800-72600. For the short-term target, first look at 74500. For this week’s swing medium- to long-term, watch 80000.
Ethereum: Buy directly near 2235-2215. For the short-term target, first look at 2350. For this week’s swing medium- to long-term, watch 2500.