8.11 Midnight Big Pizza and Small Pizza Market Analysis and Trading Suggestions
From the overall structure, after a small upward push, the price probed higher toward the previous high. However, the head-driven momentum could not sustain its release. The tail then took control of the market, forming a period of “vacuum” decline. The relative strength between head and tail forces is currently undergoing subtle changes.
Looking back at yesterday’s movement: the price rose slightly and broke above the previous high near 65,500, but it met resistance and pulled back. During the mid-session retracement toward around 64,800, there was a rebound, yet the strength remained weak and did not manage to reverse the tail-dominant structure, nor did it stop the formation of the vacuum decline area. In the evening, it dipped as low as around 63,800. Currently, the rebound and repair have recovered to around 64,300, showing a slow repair trend. On the daily timeframe, price is still moving within the range-bound box structure. The head and tail sides continue to spar repeatedly in key zones, and there is not yet a clear directional breakout.
With major data to be released on Wednesday, the market will most likely continue the range-bound consolidation pattern. In terms of trading, focus on selling at resistance and buying at dips. Be patient and wait for direction to become clear before making further arrangements.
Midnight trading suggestions:
Big Pizza: Short in the 64,100–64,600 range, targeting around 63,300–62,300.
Small Pizza: Short in the 1,895–1,915 range, targeting around 1,850–1,825.
No matter where you go, don’t forget your initial dream—keep pursuing your goals.
#BTC走势分析 #ETH走势分析
From the overall structure, after a small upward push, the price probed higher toward the previous high. However, the head-driven momentum could not sustain its release. The tail then took control of the market, forming a period of “vacuum” decline. The relative strength between head and tail forces is currently undergoing subtle changes.
Looking back at yesterday’s movement: the price rose slightly and broke above the previous high near 65,500, but it met resistance and pulled back. During the mid-session retracement toward around 64,800, there was a rebound, yet the strength remained weak and did not manage to reverse the tail-dominant structure, nor did it stop the formation of the vacuum decline area. In the evening, it dipped as low as around 63,800. Currently, the rebound and repair have recovered to around 64,300, showing a slow repair trend. On the daily timeframe, price is still moving within the range-bound box structure. The head and tail sides continue to spar repeatedly in key zones, and there is not yet a clear directional breakout.
With major data to be released on Wednesday, the market will most likely continue the range-bound consolidation pattern. In terms of trading, focus on selling at resistance and buying at dips. Be patient and wait for direction to become clear before making further arrangements.
Midnight trading suggestions:
Big Pizza: Short in the 64,100–64,600 range, targeting around 63,300–62,300.
Small Pizza: Short in the 1,895–1,915 range, targeting around 1,850–1,825.
No matter where you go, don’t forget your initial dream—keep pursuing your goals.
#BTC走势分析 #ETH走势分析