7.22 Big Pie Auntie's Evening Thoughts
From the 4-hour chart, the market has entered a clear consolidation phase, with prices moving within a relatively stable range—strong resistance above, repeatedly bouncing back; effective support below, forming a typical pattern of 'top and bottom'.
On the technical side, the MACD is entangled around the zero line, with a stalemate between bulls and bears; the RSI hovers around 50, indicating a neutral market sentiment. The current price is close to the upper edge of the range, and the J line in the KDJ has begun to retreat from a high position, indicating increasing short-term pullback pressure.
In addition to the multiple resistance structures formed by previous highs and the continuous shrinking of volume during the rebound, overall, the market's upward momentum is insufficient, and the risk of a pullback is increasing. The evening market suggests a bearish approach, mainly focusing on shorting at highs.
Big Pie: Enter at 119200-119700, target down to 116800, break below see 115000$BTC
Auntie: Enter at 3730-3760, target down to 3650, break below see 3580$ETH #山寨季來了? #Strategy增持比特币