In the morning, after the big pie reached 106500, it gave the first wave of retracement. Later, we arranged long positions at the low level, directly aiming for the recent new high of 107000. The market stretched as expected, reaching a maximum near 106800. Our long positions also achieved a gain of 1000 points on the big pie and 50 points on Ethereum. Trading is inherently a process that goes against human nature, so each trade must have a clear plan regarding which trades to take and which ones to avoid.

Currently, the daily level of the big pie shows three consecutive bullish candles, with significant lower shadows. Although the bears are making a strong struggle, the bulls have still been dominant in the past two days, able to reclaim losses each time. However, there is still pressure from the high-level parallel above, and we are currently in a large double bottom structure, with bullish momentum nearly exhausted. On the four-hour level, the upper shadows are relatively long, and the trend has begun to contract, so we can look for a retracement in the direction of the trend.

Big pie short at 105800-106000, focus on 104000. Ethereum short at 2545-2560, focus on 2480.