April 25th Double Cake Afternoon Analysis

The 1-hour Bollinger Bands for Double Cake are showing a downward contraction trend, with the current price at 2317.54, operating near the middle band at 2316.55. In the short term, bulls and bears are engaged in a narrow range battle.
The key resistance above is 2323.19 (Bollinger upper band). A rebound that fails to break this level will keep the bearish trend intact; the critical support below is 2309.91 (Bollinger lower band), with a strong support zone formed by the previous low of 2283.31.
Overall, after a sharp decline, Double Cake has entered a low-range sideways correction. The bearish momentum has slowed, but there is no effective bullish reversal yet. In the short term, the market remains oscillating and slightly weak. Trading strategy involves high selling and low buying within the Bollinger band range, prioritizing testing resistance levels and lightly testing support levels, strictly setting stop-losses to avoid risks from oscillations and whipsaws.

Trading suggestion: The weekend market is relatively quiet, so focus on high selling and low buying around support and resistance levels. #加密市场行情震荡 #美伊谈判陷入僵局