#b Big Cake Today’s Public Trading Thoughts

I. Core Short Selling Idea
1. The hourly Bollinger Bands are turning at a high level, forming a clear contraction after a spike and subsequent pullback. The long-side rebound is a repair and pullback after a decline, not a trend reversal.

2. The price has always been under pressure against the middle Bollinger Band. Rebound volume is severely insufficient, so it cannot reclaim the midline watershed. The risk-to-reward ratio for short profits is extremely high.

3. Defensive logic: Only when the closing price firmly stands above the Bollinger upper band at 75258 will the short-side idea be completely abandoned, indicating a reversal in the trend structure.

II. Trading Suggestions:
Entry: 74500-75000
First target: 73500
Second target: 72500

III. Core Logic

1. After reaching 76009 as the prior high, the price completed a push higher followed by a pullback, forming a standard top reversal structure of “a long upper shadow at a high level + consecutive bearish candles.” The bullish upward momentum has completely depleted, and funds are realizing profits and exiting at the highs.

2. The decline process runs entirely along the downward channel of the Bollinger Bands, with the highs continuously decreasing and the lows constantly refreshing. The medium-term bearish downtrend structure has not been broken. The current rebound is only a repair and pullback during the decline, not a bullish reversal