8.16 Saturday Evening Big Pie Analysis
After a previous surge and subsequent pullback, the price stabilized at the key support level of 116736, with selling pressure significantly diminishing. The MACD indicator shows a golden cross with the DIF crossing above the DEA, the green bars turning red, and momentum continuing to accumulate. Although there is slight pressure from the moving averages in the short term, as long as the volume follows through, a breakout of the resistance level is just around the corner. Overall, the current adjustment appears more like a process of building strength.
Personal advice, for reference only (strictly set up defenses)
Big Pie 116700-117200 range, target 119300, 120800$BTC