Notification
The big pie has run away this morning. Although the profit is not much, it's still better than stopping losses.
The weekly closing of the big pie has been completed, with the closing price above 108500. It has been above this price for two weeks now, so the higher level is still strong.
On the daily level of the big pie, 3 divergences have not been fully digested yet. It is supported by the 2-day line and is currently oscillating at a high level. The higher level indicators are moving up. The current indicator support is starting to overlap with structural support! The trend is pushing the price to oscillate at a high level.
4-hour structure 1: from 106800 to 104200!
4-hour structure 2: from 105000 to 101200!
As mentioned yesterday, Ethereum has a tendency to rebound against the big pie, and Ethereum is starting to strengthen.
Historically, the daily level has diverged 5 times at most before seeing a sharp drop. Be aware of the risks.
Summary: Currently, under the push of indicator trends, the short-term oscillation is slightly bullish. If the big pie reaches 4 to 5 divergences at the daily level, it should gradually shift to bearish.