Small Yellow Fish Big Pie and Double Pie Morning Analysis


From the daily chart, the market has rebounded after a previous decline at the support level, without breaking below it again, indicating that a bottom is gradually forming below. However, the overall market volatility is still quite large, and there will be a process of repeated correction and consolidation. Based on the current trend, the retracement is relatively small and does not break support, with further upward movement still needed.
Technically, the four-hour timeframe is in the final stage of a triangle consolidation, with the market's bullish and bearish movements repeatedly alternating without continuation. The daily candlestick shows an upper shadow, indicating strong resistance above, but the downward momentum is also limited. The battle between bulls and bears is intense, with a short-term need for adjustment, and the market may choose to surge again. Currently, our long position strategy does not need significant changes.
Morning Bitcoin around: 87500-87200 Long, target focus on 89500; Ethereum around: 2920-2900 Long, target focus on 3050.
BTC-3,02%
ETH-3,18%
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