4.7 Morning Big Cake Market Analysis $BTC $ETH

From the 15-minute cycle chart, Big Cake has shifted from the prior upward trend into a high-level consolidation and pullback phase, and is currently in a weak repair structure.

The price finds support near the lower band of the Bollinger Bands and has rebounded slightly, but it has not yet effectively held above the middle band. Bullish momentum is clearly insufficient, and there remains the possibility of a second dip.

Below support reference: the 68,500-68,000 range. If the pullback stabilizes, you can try a small long position; if it breaks down effectively, look for support around the 67,000 level.
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Above resistance reference: the 69,500-70,000 range. If there is a pullback under pressure, you can try a small short position; if it breaks out of this range with increased volume, the upside target is around the 71,000 level.

The current market volatility is intense. Technical analysis is only for reference; please make rational positioning by combining the real-time price action with your own risk tolerance, and do a good job in position management and risk-control settings.
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