Friday Big Pie and Two Pie Strategy Analysis

After Bitcoin fell below the psychological level of 110,000 in the early morning, it accelerated its decline, reaching a low around 107,000. It then stopped dropping and rebounded, closing with a small bullish candlestick featuring a long lower shadow.
From a technical indicator perspective, the daily chart has formed a short-term adjustment pattern, but yesterday's dip did not break below the key support at 106500.
On the four-hour chart, the trading volume did not significantly increase during the pullback process, indicating that the bearish selling pressure has weakened after reaching key support. Meanwhile, during the rebound phase, the volume has gradually increased, suggesting that the bulls have started to take the initiative. The MACD indicator has also shown a preliminary low-level golden cross pattern, indicating a short-term momentum shift towards recovery.

Operation suggestion: Retracement to catch up
The pancake retraced to the range of 107000-107500, with a target looking up at 110000 and 112000.
The two-pie retracement is in the range of 3850-3880, with a target of 4000, looking up to 4100#BTC #ETH .