12.2 Monday Night Big Pie Market Analysis!
Today's price comparison also showed an upward trend in the morning, with an intraday high reaching the 98266 level. In the afternoon, the price comparison began to show a step-like decline. The lowest retracement was to around 94800. The Auntie's trend was under pressure from the 3711 high and continued to decline to the 3575 low before finally stopping.
Observing from the daily level, the overall trend of the big pie is leaning towards consolidation. In this pattern, there is obvious resistance above, but there is also solid support below. The resistance level is roughly between 97500 and 98000, while the support level is around 94700. Last week, this support level was tested multiple times, confirming its effectiveness to a certain extent.
From the overall structure, after the downward pin on the four-hour chart, the market has entered a phase of repair, and the Bollinger Bands have also narrowed, indicating that the overall movement is limited. This accumulation is just to prepare for the next surge, and the current market has always been in the upper mid-band range, so any pullback is an opportunity to buy. In conjunction with the hourly level, the Bollinger Bands are narrowing again, and significant volatility is expected to follow, with a new round of upward movement likely starting around midnight, and the bottom testing clearly indicates a rally! It's advisable to participate in buying low in the evening. #微软比特币投资投票案 #NFT市场回暖 #ETH持续飙升 $BTC $ETH
Big Pie 95000-94500 Buy Target 98000
Auntie 3580-3560 Buy Target 3700