Analyst Liang Qiu: The Big Pie Breaks Historical High Again on 8.14, Everything Will Eventually Settle

The Big Pie reached a new high overnight, peaking at 124550 and 4788. Every time the Big Pie surges and breaks a high point, it is bound to face a significant pullback. Therefore, currently chasing the trend is not advisable. Although our strategy laid out yesterday also incurred losses again, the overall loss is manageable. Currently, the Big Pie's four-hour chart shows a long upper shadow followed by a bearish candle, breaking the previous four-hour low, indicating further room for a pullback. The primary support to watch below is the 120000 round number.

In terms of K-line patterns, the daily level shows a continuous price increase recently, forming multiple bullish candles, and is currently in a high-level consolidation. On the four-hour level, recent K-lines alternate between small bearish and bullish candles, with highs gradually decreasing, indicating signs of short-term adjustment. In terms of technical indicators, both the DIF and DEA are above the zero line on the four-hour cycle, but the histogram is shortening, and momentum is weakening, possibly entering an adjustment phase.

Operational suggestion: Sell the Big Pie around 123300 to 123800, with a target near 121000; sell the Auntie around 4760 to 4780, with a target near 4680. If the level breaks, continue looking down, with a stop loss at 124500 and 4810. #BTC再创新高