Analysis of the big pie trend on the early morning of August 22.

After the US stock market opened, the big pie has been fluctuating with sharp spikes. Although the volatility seems large, the price level has basically remained unchanged, still oscillating within the range of 112500-114000. From the current chart, the big pie's four-hour structure has rebounded to the middle track but encountered strong resistance and is moving downward, showing a pattern of rising and then falling back with a bearish closing candle. The oscillating downward trend has shown weak rebound strength, and the four-hour chart is about to close, with the high points of the three-wave rebound getting lower, indicating that the current market is still dominated by weak bears repeatedly testing the support below. The short-term rebound is merely a normal technical correction. From a four-hour perspective, there are five consecutive small bearish candles retracing, and the one-way downward channel continues, with bearish momentum gradually being released. Although the attack has slowed, the rhythm remains steady. Attention should be paid to the breaking of the previous low point of 112000. The layout idea in the early morning should revolve around short positions, with strict defensive measures!

Short around 113000-113500 for the big pie, target at 111500.

For Ethereum; short around 4250-4280, target at 4150#名人MEME热潮 .