8.6 Afternoon Large Pie Aunt Market Analysis
Yesterday, the large pie was influenced by news, with intraday fluctuations reaching nearly 2500 points. Last night, it dropped to the lower support level and rebounded, recovering nearly half of the space, showing a trend of oscillating forward. Overall, the price comparison has eased from the consecutive bullish upward trend; a large bearish candle around noon disrupted the upward rhythm. However, this pullback is not significant, and currently, the price is stabilizing with a rebound trend. According to the four-hour chart, after the large bearish candle, there are two consecutive bullish candles, indicating strong support below. Various indicators also show an upward turning trend. From the hourly MACD histogram, the area below the zero line is gradually shrinking, and the dual lines of the indicators are moving upwards and merging, showing a potential golden cross formation. We need to pay attention to short-term pullbacks and continue to maintain a low long strategy.
Large pie can be around: 112800-112000, target: 114100-115300
Ether can be around: 3510 - 3540, target: 3630-3675