4.23 Big Pie Ethereum Strategy

Yesterday's market saw a significant rise with Big Pie increasing by 6000 points. From the daily chart perspective, a bullish candle on the 20th broke through the moving average system, forming a Water Lily pattern that provided good upward momentum. After two consecutive days of rise, the K-line has now stood above the 120-day moving average. The W-bottom pattern has also strongly broken through the neck line. Although the bulls are currently quite strong, caution is necessary for a sudden decline in coin prices. Due to the fierce rise, the MACD and K-line system have formed a top divergence pattern. The upper resistance is around 95000, while the lower support is around 91700. The small cycle will not be interpreted, as the big market trend should be viewed through the larger cycle, and the small cycle has become distorted and lacks reference significance. V. btc154

Operation Strategy:

BTC: Waiting for a pullback to enter long positions around the 92000 level, with targets at 93700 and 95000. Consider going short again at the upper level of 95000-95500.

ETH: Enter long positions at around 1740, with targets at 1800 and 1830. #加密市场反弹 $BTC $ETH