Exaggeration, it is indeed somewhat exaggerated, is this Black Friday? The big pie violently rebounded nearly 6000 points, and the aunt reached a historic high. Those who did not heed my advice last night and did not secure their profits in time, after this two-level reversal, will probably end up with no place to cry.
Currently, the trends of the big pie and the aunt have deviated from the technical pattern framework, completely dominated by market sentiment. From the market perspective, although the rise last night exhibited strong characteristics, potential risks cannot be ignored. After a significant upward movement in the four-hour timeframe of the big pie, accompanied by minor adjustments, there are signs of stabilization, but the long upper shadow clearly indicates strong selling pressure, and the shrinking upward trend still needs further observation for continuity. In the hourly timeframe, the volatility has narrowed, and the momentum has been fully released, indicating that there is still a need for a pullback. In the early market phase, we can cautiously attempt to test the market, observing the strength of the pullback and the breaking point, while strictly maintaining defensive measures.
Big pie: around 117000, looking down at 115600. $BTC