Today’s Er-Cake Public Outlook (Saturday)

1. Core Indicator Signals (BOLL Band)
Currently, on the 15-minute cycle, under the parameters BOLL(20,2), the core values are as follows:
• Upper Band (UPPER): 2241.86
• Middle Band (MID): 2234.00
• Lower Band (LOWER): 2226.14
• Current Price: 2242.12
Bearish Core Logic:
1. After the price pierces the upper band, it faces pressure and the rebound momentum is seriously insufficient: The current price is 2242.12, only slightly piercing the upper band at 2241.86, which is a typical “false breakout” pattern. On the 15-minute level, the prior rebound failed to effectively hold above the upper band; instead, it met resistance near the upper edge of the band. This indicates that the bulls’ strength has been completely exhausted, and the short sellers’ selling pressure is about to be concentrated and released.
2. The overall band structure is weakening, and the downtrend is clear: Judging from the candlestick trend, after the prior high of 2257.55, the BOLL upper band keeps turning downward. The middle band weakens in sync. Although the lower band still provides support, its strength is diminishing. Overall, the band shows a bearish pattern of “after the opening narrows, it diverges downward,” which fully matches the bearish band structure characteristics.
3. The middle band support repeatedly comes under pressure, and rebounds turn into weak repairs: Around 13:00, the price tested the middle band support at 2234.00 multiple times. It can only rebound slightly and fails to hold above the middle band. This is a typical “weak rebound.” In the next phase, it will very likely test the lower band again at 2226.14, and even break below the lower band, opening up more room for further downside.
Er-Cake: After bouncing back to 2260 to 2280, it can go south
First target: 2220
Second target: 2200#Gate上线Pre-IPOs #Gate现货衍生品双双冲进全球前三 $GT $ETH