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Market Analysis and Trading Suggestions for Big Pie Auntie Market
The charm of the crypto world lies in its ability to never disappoint those who are patient. Those who endure the oscillations and withstand the pullbacks will eventually find that, at some unintentional moment, they turn into a light illuminating the way forward. Take it slow, be steady—it's better than anything else. Brothers, the golden bean discussion on coins is back. I believe everyone who commented during lunchtime has already enjoyed some gains.
From the current market perspective, the four-hour chart shows a continuous three bearish candles downward momentum. The price is below the lower band of the Bollinger Bands, along the region of the lower band. Currently, the Bollinger Bands' lower band support is not yet clearly evident. The recent dip has not shown a significant support level. This is a critical point of the bulls and bears struggle, and it is more likely to be a short-term continuation pattern.
On the one-hour chart, after the market successfully tested the Bollinger Bands' lower band support, it has shown a technical rebound with a fragmented bullish pattern. However, there is no clear sign of a warming trend. Multiple technical signals resonate, indicating that market sentiment is at a bottoming out stage but lacks strength to rebound. Tonight, I remain bearish.
Big Pie between 90,500 and 91,000, watch for control, focus on 89,000.
Second Pie between 3,150 and 3,120, focus on 2,950.