$ETH

Midnight Silk Road and Suggestions
Big Cake Breaks Through 79,000: After the open, the first wave didn’t keep up—what to do next 🔥🔥🔥 First, look at Big Cake. On the 1-hour timeframe, the trend is still a sideways/head-heavy pattern, but risk signals have already begun to show. Big Cake is currently trading below the upper Bollinger Band; the upper band at 79,650 is heavy resistance. In the short term, multiple tests have failed to break through effectively, so chasing highs carries extremely high risk. The MACD red histogram bars are continuing to shrink; the three KDJ lines have all already entered the overbought zone. The J line turns first, and bullish momentum is clearly weakening—technical pullbacks could arrive at any time.
Key support: 78,500 is the first line of defense. If it breaks, then watch the Bollinger middle band at 77,460. This is the lifeline for the bulls. Once lost, the short-term trend will weaken immediately.
Operation advice: Don’t chase highs!
Near the 79,500-80,000 area, you can try a small-position short with low leverage; set your stop-loss properly, and the first target is 78,500. If it pulls back to 77,500-78,000 and stabilizes, then consider a low-buy opportunity—safer and more prudent.
You can also try a small-position “quiet long” around 2,430; set a stop-loss, with a downside target at 2,380. If it pulls back to around 2,330, then consider a low-buy opportunity again. This is only personal advice; for the specific plan, follow Sister Lin’s layout of Shi Pan. #Arbitrum frozen hacker ETH