As night falls, the big pie (Bitcoin) starts to face pressure and retreats, piercing downward. As mentioned earlier, extreme situations lead to reversals. Therefore, the long positions we previously set up have been perfectly cashed out. With precise thinking and Old Li's years of on-site trading experience, grasping the market has been relatively easy.
In the four-hour structure of the big pie, a recommendation shows three consecutive bearish candles, touching the mid-range track, with a strong pullback trend. The MACD energy bars have turned from positive to negative, indicating an increase in bearish energy. In the one-hour structure, the Bollinger Bands are opening up, and the bearish candlestick body is growing rapidly. Overall, looking ahead, continue to take short positions. The target for the big pie is around 107,000 for a breakout and further downside, while the target for the aunt pie (Ethereum) is around 2,480.
