Tonight, the big pie has also tested 85000 twice, is the car too heavy, shedding some long positions, currently the long positions have more liquidations than the short positions. Is it time to start a bloodbath on long positions?
The big pie's trend has completely become independent of the market and indicator analysis. On the daily chart, it has closed with a bullish candle for the seventh consecutive day. Although today's daily candle also closed bullish, the body is relatively small, with long upper and lower shadows, reflecting that market sentiment is beginning to show divergence. Although the upward trend has not yet ended, due to the rapid increase in recent times, a significant gravity pullback may occur in the short term. Today's pullback has approached 5000 dollars, and it is expected that it is not yet in place. The expected level is around 81500. As long as 80000 remains stable, a new round of rebound will occur again.
Whether this pullback is accumulating strength for the next round to challenge 90,000 points depends on whether 80000 can hold, so there is no need to panic too much; the key is to seize the opportunity. The strategy suggested for the evening.
It is recommended to look for a rebound in the 88000/88500 range, watch for 85000/81000.
For Ethereum, it is suggested to look for 3280/3300, watch for 3200/3160.