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Why is it so precise—does the saying “it rises and then rebounds” really give me confidence from the trend? Big pie rebounded from the afternoon and climbed steadily all the way; a single large bullish candle directly pushed it to around 77,000. Then it met resistance, pulled back and retraced, and consolidated and moved upward around 76,100. This kind of pace is clearly a wave-pattern formation: one step breaks to a new high, and each time it breaks higher it comes with a slight pullback to fine-tune the correction. The plan we provided earlier also delivered plenty of rewards in this round of market. As always, if you want to last long in the crypto world, you need to identify the trend, catch the rhythm, and make a bold move—then you can win!
From the overall structure, the hourly chart has formed a V-shaped reversal. There is a notable strong resistance level around 78,300 above, and in the short term the price still has some room to pull back. Although the overall upward structure hasn’t changed and price is still trading within the upward channel, the current pullback hasn’t fully reached where it should. For today’s outlook, it’s recommended to wait for the pullback to stabilize before continuing to maintain a long (bullish) bias. Use the upper band on the four-hour chart as a resistance reference, and for the second rebound, the target is aimed toward around 78,000. Follow the trend structure; once it stabilizes, you can consider setting up long positions.
Tuesday night Big pie: go long around 76,000, target near 78,000
Tuesday night Ethereum: go long around 2300, target near 2400