Big Pie now wants to pull back in a decent way—it requires a clear top-of-range K-line signal.
For example, in a bearish engulfing pattern: a large bearish candle that directly engulfs the previous bullish candles provides the basic condition for a pullback, and only then does it become possible to revisit and test the trendline.
Looking back at the current position—right now, there isn’t a bearish engulfing pattern; there’s no signal. If there’s no signal, how can there be a pullback?
Once Big Pie breaks out above 795 with increased volume, the next target is 815.
Combining with Fibonacci retracement levels: as long as the price pulls back without breaking through the 61.8–78.6 support zone, no matter how much it fluctuates and drops, it still falls within the normal pullback range.
Pullbacks to the 38.2 and 50 levels are both constructive adjustments. As long as the 61.8–78.6 support zone is held, the overall structure remains healthy—there’s absolutely no need to panic.
⚠️ Right now, doing long entries is only suitable for waiting for a right-side signal. Never try to guess a top on the left side. If you insist on hard-longing on the left side, I can only say you’re basically gambling on luck.
Short-term trading reference:
If volume picks up and price holds steadily above 781, then follow with a right-side momentum entry; targets are 795–805;
If it can’t hold above 781, the bulls can’t open up the upside space.
On the other hand, if volume breaks down below 774 and the retest can’t be recovered, then consider a right-side short. Be sure to set your stop-loss.
If there’s no signal, don’t subjectively fantasize about a drop. Respect the signals provided by the chart before you take action.
$BTC $ETH #比特币日内触及75500美元 #比特币两个月来首破7万美元 #ETH突破$2300
For example, in a bearish engulfing pattern: a large bearish candle that directly engulfs the previous bullish candles provides the basic condition for a pullback, and only then does it become possible to revisit and test the trendline.
Looking back at the current position—right now, there isn’t a bearish engulfing pattern; there’s no signal. If there’s no signal, how can there be a pullback?
Once Big Pie breaks out above 795 with increased volume, the next target is 815.
Combining with Fibonacci retracement levels: as long as the price pulls back without breaking through the 61.8–78.6 support zone, no matter how much it fluctuates and drops, it still falls within the normal pullback range.
Pullbacks to the 38.2 and 50 levels are both constructive adjustments. As long as the 61.8–78.6 support zone is held, the overall structure remains healthy—there’s absolutely no need to panic.
⚠️ Right now, doing long entries is only suitable for waiting for a right-side signal. Never try to guess a top on the left side. If you insist on hard-longing on the left side, I can only say you’re basically gambling on luck.
Short-term trading reference:
If volume picks up and price holds steadily above 781, then follow with a right-side momentum entry; targets are 795–805;
If it can’t hold above 781, the bulls can’t open up the upside space.
On the other hand, if volume breaks down below 774 and the retest can’t be recovered, then consider a right-side short. Be sure to set your stop-loss.
If there’s no signal, don’t subjectively fantasize about a drop. Respect the signals provided by the chart before you take action.
$BTC $ETH #比特币日内触及75500美元 #比特币两个月来首破7万美元 #ETH突破$2300