The big cake and Ethereum have perfectly reached the take-profit level.
Currently, the big cake and Ethereum have moved to the vicinity of the resistance level.
The resistance above the big cake is around 81,500.
Ethereum is around 2,670.
At the moment, as long as this resistance level is broken,
the space to the upside will open up again.
The market has been ranging here for such a long time.
Two major negative factors haven’t managed to push the price down.
So the probability of it going down is not high.
From a technical standpoint,
right now the moving average on the big cake’s 5-day line has again formed an upward-opening pattern.
So we expect the probability of a breakout to be relatively high.
Currently, the big cake and Ethereum have both broken above the 3-day MA120.
The market is gradually breaking through major-level moving averages.
The bull is back.
Congratulations to the friends who kept holding on.
The bull is back$BTC