4.4 The big pie has hit the bottom, forming support for a rebound; any pullback is an opportunity to buy.
The current price of the big pie has fallen to a relatively low level. In the short term, the price may continue to fluctuate within a consolidation range, facing resistance from a rebound after the consolidation and the possibility of further decline. The morning star pattern, along with recent doji and hammer candlesticks, indicates a potential reversal or correction in the short term. The market is showing certain signs of rebound, but in the absence of indicators supporting the rebound, one should remain cautious about any upward moves. If the price breaks through the resistance level of 88750, it is recommended to buy on dips.
The 1-hour price still faces a fluctuating pattern. Since a flat-bottom pattern has appeared, combined with the performance of the bottom division, there is potential rebound momentum in the short term. However, the extent of the rebound is limited by previous highs and the resistance level of 88500. Wait for the price to effectively break through the resistance level of 88500 or pull back to 82000 before considering entering long positions. If the price falls below the support level of 81000, one should consider stopping losses. For short-term trading, consider executing trades during support rebounds. Friends who have not had ideal trading results recently can consult btc0796 to connect with me and discuss market trends together.
Long the big pie at 82000-82500, target around 86000-90000. Stop loss at 81000.
Long Ethereum at 1750-1780, target around 2000-2200. Stop loss at 1710.