Big Pie, after breaking the historical high yesterday, did not continue its strength but instead surged and then fell sharply by over 7500 points. A huge shakeout, the bulls were suddenly awakened. The market is filled with cries of despair, and most friends have suffered heavy losses, while those who managed to escape are all either not trading or strictly adhering to stop-loss and take-profit strategies. There is no particularly good way to deal with such large fluctuations; one can only try to control their actions, trade less and observe more, strictly controlling positions and risks.
Currently, looking at the hourly chart, the price has temporarily stopped falling at 117000, and this area has been consolidating overnight. Next, during the day, first refer to the resistance at the 120k mark and the support at the low for short-term range trading. After a big rise and fall, a sideways correction is expected; do not rush to position unilaterally.
8.15 Big Pie Operation Suggestion:
Below 117500-117000, targeting 119500-120000; once in position, short; first arrange around the range, and if broken, then follow the trend with positions.
The Auntie retraces to 4580-4550, targeting 4650 and 4700; first time touching near 4700, short once.#BTC再创新高 #BTC $BTC 
