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Big Pie, Ether Afternoon Analysis
In the morning, Ayu’s tip was that an oversold rebound could be used to consider long positions; the entire market didn’t show any significant volatility. Thinking about fast in and fast out seems like there’s really no chance!!!
With the US-Iran negotiations stuck, and macro sentiment being somewhat negative, combined with the long-position pressure above the liquidation chart, it further suppresses the rebound space. Following the trend—going short—is the current main line. Combined with the current hourly cycle, Big Pie, Ether are both in a downward channel dominated by bearishness, with rebounds lacking strength. All indicators have fully turned bearish; the momentum of the oversold rebound has run out. Following the trend and going short is the only high-probability choice. The afternoon strategy changes from low-risk short to high-risk bearishness; when the rebound reaches the resistance level, decisively go short and maintain solid defense 🔥🔥🔥
Trading Recommendations
Short around 71,200 for Big Pie, target around 70,000
Short around 2,200 for Ether, target around 2,150