Big Pie oscillating downward, morning rally hit resistance at 91000 and pulled back, continuously breaking support levels and falling below the 90000 level. Ethereum and Big Pie show extremely strong correlation, simultaneously declining from 3150 to 3100, maintaining weakness throughout the pullback.
On the daily timeframe, the downtrend is clear. After the earlier rebound showed weakness, it switched to a steady downtrend rhythm, with moving average systems applying downward pressure simultaneously, and the bearish trend showing strong continuation. On the 4-hour timeframe, price is suppressed by the channel's lower rail, showing one-sided weakness, with the key support at 92155 breaking down confirming the downtrend. Current short-term rebound is merely pressure-induced pullback; combined with ETF capital outflows and rising risk-averse sentiment, morning operations focus mainly on setting up shorts on rebounds.
Big Pie operation suggestion: Short around 91100-91700, targeting 90000-89000 below.
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1.10 Analysis of Big Pie Trend:
Big Pie oscillating downward, morning rally hit resistance at 91000 and pulled back, continuously breaking support levels and falling below the 90000 level. Ethereum and Big Pie show extremely strong correlation, simultaneously declining from 3150 to 3100, maintaining weakness throughout the pullback.
On the daily timeframe, the downtrend is clear. After the earlier rebound showed weakness, it switched to a steady downtrend rhythm, with moving average systems applying downward pressure simultaneously, and the bearish trend showing strong continuation. On the 4-hour timeframe, price is suppressed by the channel's lower rail, showing one-sided weakness, with the key support at 92155 breaking down confirming the downtrend. Current short-term rebound is merely pressure-induced pullback; combined with ETF capital outflows and rising risk-averse sentiment, morning operations focus mainly on setting up shorts on rebounds.
Big Pie operation suggestion: Short around 91100-91700, targeting 90000-89000 below.
Ethereum suggestion: Short around 3110-3150, targeting 3050-2950 below.#GateFun马勒戈币暴涨1251.09% #Gate广场创作者新春激励 #非农就业数据